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Flight Training School

Sarasota County, FL

Flight Training School

Asking Price: $5,900,000

Gross Income: $10,000,000

Cash Flow: $1,475,000

EBITDA: $1,475,000

FF&E: $150,000

Inventory: $50,000

Real Estate: $1,200,000

Established: 1995

Employees: 9

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Business Description

This business for a serious investor who has the vision & desire to be part of the industry’s solution to address the serious shortage & need for trained airline pilots. You can own this turnkey flight school/aircraft maintenance center with a fuel service station located in a quiet Florida community creating a tranquil study environment for students & walking distance to a beach. Housing is in proximity to the school and rental is coordinated with the applications. The established school has a part 141 certificate granted by the FAA which allows them to have their own syllabus instructing to airline standards. They have the capacity to instruct 120 students per year with the potential of expansion. Students include overseas & American students. They have contract with major overseas airline & agreements with several European universities. 2014 financials reflect partial & 2015 reflects full implementation of new agreements.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
4 weeks at no cost
Reason for Selling:
Personal

Listing Status for Premium Members

Ad#: 743679

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Bob Pockrandt

Business Listed By:
Bob Pockrandt

Truforte Business Group

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Sponsoring Broker:
Truforte Business Group


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