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BUSINESS FOR SALE - PROFILE #  42270197

#1 Air Charter Service in the Caribbean For Sale
South Florida

Asking Price: $2,250,000   Down Payment: $750,000  
Gross Revenue: $1,599,196   Adj. Cash Flow*: $288,259  
space line
Executive Summary
Truly a once in a generation opportunity for anyone looking to enter the Air Charter business or for an existing company to expand its fleet and/or geographic presence. This is a turnkey operation that is poised to continue its growth and market leadership.

This leading air charter company provides service throughout Florida and the Bahamas, with approval for other areas of the Caribbean, Mexico and Central America, as well as the ability to qualify for Cuba flight authority. The company has been in business since 1986, with a perfect 27-year safety record. Based on Safety, Reliability and Customer Satisfaction, this group easily outpaces its competition. 

Key success factors that have led to this company's success, and set the path for a very lucrative future include:
• High-profile routes
• High percentage of repeat customer business
• Fleet of twin-engine aircraft specifically designed for Over-water flights and Short Take-off and Landing (STOL) airfields 
• Proprietary Operations and Financial software that quickly and accurately calculates costs for charter services, provides detailed management of fleet maintenance and service requirements, and integrates a well designed and user friendly reservation system
• Maintenance section ensures timely and cost effective repairs and maintenance. Additionally, the maintenance operation, with equipment geared to meet the requirements of an FAA repair station, opens the possibility to increase revenue as a contractor for scheduled maintenance and repair services
• Customer Service and Ticket Counter is positioned in an outstanding location
• Currently expanding cargo/freight business to the Bahamas

Sale includes aircraft and all FFE for flight operations, maintenance, repair activities and office/administrative functions.

Please respond with your name, email address and phone number so that we can forward a Non-Disclosure Agreement and personal financial statement. Once qualified with a signed NDA, prospective buyers can receive detailed information.

Acquisition Highlights

  • Passenger business is growing and the company has just established a revenue stream from freight/cargo services.
  • Outstanding passenger terminal and ticket desk locations. Well known and easily recognizable.
  • Financing Information:  Financing Available
  • Training Information:  4 weeks
  • This business is not a franchise
  • This business can be relocated
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1986 Inventory: $1,000,000 Included
Employees: 7 FT, 1 Mgrs Furniture, Fixtures & Equipment: $1,375,000 Included
Real Estate:
    Total Assets Included in Sale: $2,625,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  David Friedman
Phone:  (954) 543-1962
Fax:  (954) 900-9991
E-mail:  dafriedman@vrblueocean.com
VR Business Brokers - Fort Lauderdale, FL
2700 West Cypress Creek Road
Suite D-134
Fort Lauderdale, FL 33309
www.VRBlueOcean.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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