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Business for Sale Summary

Aircraft Maintenance/Repair Business in SE-TX - 35122

Business Type: misc. service/non-classifiable,professional services,repair services,aviation
Aircraft Maintenance/Repair Business in SE-TX
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Financial Information (non-confidential)

General Information
Asking Price $799,000 Down Payment $799,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$799,000 Down and

Business Description

After 26 years of extraordinary service to the aircraft industry the owner has decided it is time to turn over the company to more energetic and motivated buyers. The business has had a long term relationship with its lease and landlord would be open to any lease negotiations. Currently the lease arrangement includes rent, utilities and aircraft moving in and out of the hanger. The hanger is approximately 12,000 square feet and can hold up to 5 King Air 350's simultaneously. Current lease per month has not changed for over 4 years and is remarkable in itself. This company has many lifetime customers that only trust this provider with their aircraft. There are no other providers of this service within 150 miles of this location. Cash flow is solid and verifiable which makes this business financible. This is a rare opportunity to take this business and grow it. The current owner has dailed it down somewhat over the last few years, but has had owners cash flow of $300,000 previously. New owner could take it to that level again or higher. Contact Dan Gundrum at 815-323-0608 with any questions.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.