Large turnkey Flight School P141 SEVP M1 Florida

FL

Flight School Florida
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Asking Price: $1,950,000

Cash Flow: $390,000

Gross Revenue: $4,500,000

EBITDA: $500,000

FF&E: $500,000

Inventory: $50,000*

Rent: $5,000 /Month

Established: 2006

*not included in asking price.

Large turnkey Flight School P141 SEVP M1 Florida

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Business Description

FAA and SEVP M1 approved, self examining flight school

Key factors are as follows:

FAA Part 141 approved
Self-examining authority for PPL and IR
GI-Bill approved
SEVP approved for M1 Visa
24,000 hours of annual flight time
10,000 sqft MX facility
Office and MX facility leased/rented
$4,500,000 revenue
Up to 150 full-time students enrolled
Fleet up to 30 aircraft (mostly lease back)
Some aircraft owned
Incorporated in Florida
Reason for sale: Owner/health/other

Owner offers:
Manager(s) and Officer(s) will remain in company
Non-compete for 5-10 years
Assistance with transfer of ownership

Potential Buyer request:
Potential buyer must submit proof of sufficient funds (Bank Letter or Statement) prior to disclosure of documents/financial information.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
4/1/2021
Employees:
28
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
30+ aircraft (lease back and owned) Large maintenance facility AATD’s
Competition:
One of the largest FAA Part 141 approved, SEVP flight academies in the area. 150+ international full-time students enrolled. Special curriculum a
Financing:
Potential buyers must submit Proof of sufficient funds before disclosure of docs
Support & Training:
Officers, Admin and Management will train. Transition period provided
Reason for Selling:
Owner/health/other
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Business Listed By:
CorpTradeUS

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