Helicopter Tour Company

Portsmouth, NH (Rockingham County) (Relocatable)

The Fleet
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Asking Price: $2,200,000

Cash Flow: N/A

Gross Revenue: $1,072,600

EBITDA: $200,000

FF&E: $16,000

Inventory: N/A

Rent: $5,300 /Month

Established: 2013

Helicopter Tour Company

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Business Description

Copter tours throughout the seacoast

Helicopter tour company serving NH, Maine and Massachusetts. Company offers well maintained helicopters with impeccable safety record for FAA Part 135 charter services and scenic tours, as well as copter rentals. Company also provides primary and advanced flight instruction through independent flight instructors under FAA Part 65 and Part 141. Owner is retiring and would like to sell the 5 late model copters in the fleet and help new owner carry on the success that the company has experienced.

Detailed Information

Location:
Portsmouth, NH
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,500
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Company currently located at Pease/Port City Airport. Lease is flexible and includes hangar for copter storage, servicing and training as well as 1,000 (approx.) square feet of office space.
Competition:
There are no known helicopter tour competitors servicing the Portsmouth, NH/Portland, ME area.
Growth & Expansion:
Portsmouth, NH and Portland, ME are "Destination Cities" as new hotels and attractions have been built and cruise ships embark in both cities. Portland, ME can service through Bar Harbor and Acadia Park. In addition, there is a strong and growing demand for can training thru per diem instructors. Company has also worked with US Customs & Border Patrol in northern Maine corridor. New owner can further relationship with government. In addition, due to growing traffic concerns, corporate executives wishing to commute via air are an added market potential.
Support & Training:
Owner will help transition company and help new owner in marketing efforts for a period of time. Owner can also stay on for a period of time as flight instructor, if necessary.
Reason for Selling:
Owner wishes to retire.
Business Website:
http://seacoasthelos.com/
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George Raftopoulos

Business Listed By:
George Raftopoulos

ROI Cubed, LLC

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