Business For Sale Listing 149972
FBO - Busy Commercial Airport - Growth Potential
Status as of Dec-3-2008 at 06:00 PM: Active
Business Summary
The owner of this Fixed Base Operations (FBO) service business has grown this business to solid profitability over the past four years. The current FBO services include fueling, hangar and office rentals, ground handling, passenger services, aircraft maintenance, fuel purchasing, oxygen/nitrogen, and various concierge services. The owner desires to divest this FBO to release capital to focus on the development opportunities on the land surrounding the FBO. There is currently a waiting list for additional hanger space. Since there are ultra elite-sites surrounding residential areas and the increasing demand from corporate clients, the company is planning the construction of build-to-suite hangars with attached up-scale space. The development plan is available to potential buyers after a Confidentiality Agreement is executed and Net Worth Statement is submitted. The current owner has signed an exclusive opportunity to construct additional hangars on the airport property. There is ample land to expand hangar space which will drive additional traffic to the FBO. The company's lease with the airport authority expires in 2034 With the recent surge in flight training, air charter maintenance and the growing aircraft population is this market, the buyer will find a wealth of business opportunity. Future revenue and profit growth can come from fuel sales, Part 135 air charter, aircraft flight training, and the rental of newly developed hangars and office space. For additional information please contact us.
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,744,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($260,000) |
| Profit Type: |
Pretax Income |
| Asking Price: |
Between $1 Million and $2.5 Million ($2,390,000) |
