Description of the business for sale
This business opportunity includes three separate operations that are all linked together efficiently: 1) an air freight operation with contracts and 2) a fixed base operation providing parts, sales, and service of airplane related activities and 3) a custom air freight operation. All operations are from the same location on an airport in a major metropolitan area. The business owns a building and has a long term land lease with the local government that operates the airport. The business has been operating since 1980 and has a current fleet which includes smaller planes for local routes and a lear jet for other routes. The small routes are feeder routes for major air freight services including FEDEX. Revenues average in the $6,000,000 range with cash flows in the $1,100,000. The owners would be open to any realistic deal structure. The FBO part of the business provides parts and service to a loyal base of customers. They also provide many other routine airplane/airport services on the field such as gas sales to airplanes, etc. The owners are ready to retire and are willing to train any qualified buyer as necessary.
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Support / Training provided by seller
Owner is willing to train.
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