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Businesses For Sale   >>   Transportation - Airplane, Taxi, and Limousine Businesses For Sale

Jet Charter Service Business For Sale

Location  Ohio,United States
Asking Price Range  > $35.0M
Gross Revenues  $33922547
Net Profit / Cash Flow  $2800000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1984
Number of Employees  100 - 200
Inventory  9344982
Relocatable  No
Number of Employees  100 - 200
Real Estate  Owned
Training  Negotiable.
Reason for Sale  Restructuring.

Description  
This business, which opened in 1984 offers Jet Charter Services in a market with very little competition. Recently, the business has grown in number of planes and utilization of equipment creating profitability on a monthly basis of approximately $500,000 over the past 5 months. This trend is expected to continue. With this growth, profit is expected to increase by 80% in 2013. Sales growth will increase from $33 million in 2011 to $38 million in 2012 and expectations of $85 million in 2016. Profits are expected to increase by 480% from 2012 to 2016. The company has taken the last two years to position itself as a leader in its charter market. The plan for the future will make this a very profitable and solid company. A buyer for this company will have a business headed in the right direction that will more than pay for the investment at a very favorable return. Facilities: 24,000 sq ft hangar, 3,000 sq ft shop, 5,200 sq ft office. Block and steel construction. L. Don Prince licensed realtor with Real Estate Showcase, Wooster, OH. Little competition in the market they serve. With the right working capital, the growth in market is excellent. Contact for more information on this jet charter service business for sale.


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