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- RE: Well Established Flight School SBA Approved
- Contact: Mark Ilardi
Quick Facts
Asking Price: | $725,000 | |
Annual Revenue: | $799,839 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $147,847 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 11 | |
BBN Listing #: | 861126891 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Founded ten years ago, this flight school has partnered with local Community Colleges and boasts one of the leading and longest-running aviation training programs in the nation.
This business is an “approved flight training center” certificated under 14 CFR 49 141. They train students who are seeking a pilot certificate as a hobby or those who are looking for a professional pilot career path. The partnership with local colleges provides aviation school services for the colleges’ curriculum. To that end, most students who attend flight school while pursuing their training through college are funded via financial aid in addition to the state of PA’s $80p/hour subsidy for training. These students have a unique opportunity to earn their Associate’s and/or bachelor’s degree in aviation while completing flight training with the company. The flight school maintains an A031 Authorization to operate with institutions of higher education.
There are a total of 11 employees including 7 instructors and the company partners with Republic Airways and NetJets.
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Market Competition and Expansion:
If you are looking for a business that is poised to expand, this is it. They are training future pilots in an industry that is expecting a 15-year pilot shortage and they do it better and cheaper than any of their competitors.Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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