Aircraft Maintenance & Service - Est. 40+ years

Nassau, NY (Rensselaer County)

Seller Financing Available
Aircraft Maintenance & Service - Est. 40+ years

Asking Price:$650,000

Cash Flow:$250,000

Gross Revenue:$740,000

EBITDA:$0

FF&E:$100,000

Inventory:$250,000*

Established:1971

*not included in asking price.

Aircraft Maintenance & Service - Est. 40+ years

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Business Description

This business has been a leader in aircraft inspection, repair, modifications, recovery, and restorations for single and twin engine aircrafts for over 45 years. The business is a full service facility that provides airframe and engine work including inspections, repairs (major & minor sheet metal, windows/windshield replacement), and minor painting jobs. The company has an aircraft service shop located on the runways within an important airport that is always stocked with an extensive inventory of parts including oil coolers, cylinders, alternators, starters, etc. The maintenance staff provides a diverse set of services such as top overhauls and engine changes. The company is a Certified Installation Center for AM-SAFE inflatable seat belts and all mechanics are licensed by the Federal Aviation Administration.

Detailed Information

Inventory:
Not included in asking price
Employees:
5 FT, 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Rent: $6,500 Sqft: 10,000
Support & Training:
Seller will personally train new owner.
Reason for Selling:
Seller is retiring.

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Jay M. Inbar

Business Listed By:
Jay M. Inbar

Inbar Group Inc - Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The New York Association of Business Brokers (NYABB).

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