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Wonderful Flight School
Passaic County, NJ |
Listing #6423 |
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| Financial Information (non-confidential) |
| Asking Price |
$299,000.00 |
Gross Revenues |
$692,000.00 |
| Down Payment |
$299,000.00 |
Owner’s Cash Flow |
$322,800.00 |
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Financing: $299,000.00 Down and
Reason for Selling:The seller has become the general manager of this Airport for the State of NJ and has added additional State Airports. Must sell can't do it all.
This is a wonderful Avaition school business that anyone can own. Flying experience not necessary, licensed pilot instructors are the employees. The nearest competitor for this service is many miles away, so the market is cornered for this great business. The reputation of this flight school is excellent. What a great niche business. Learning to fly is a very popular hobby among wealthy people and they have the economic ability to pay on time and in advance. All financial activity for this business is verifiable because of the nature of the business. Statistically, once a customer determines he wants to learn to fly, they complete their objective. So the revenue can be very predictable from enrollment. The seller will provide continued support because he is the Director of the airport. Instead of catering to the common hobbies of martial arts or ballet, how would you like to own a business that caters to one of the hobbies of the rich.
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Vested Corporate
Senior Business Broker
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Servicing Area:
This Broker is Servicing All of States
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
