Description

Flight School For Sale - Primary Location: South Fl, USA Current Students (Non-Contracted): 68 Current Renters of Aircraft: 35 Graduates: Hundreds Courses: PVT, IFR, COMM, CFI/CFII/MEI/AGI Current Fleet: Cessna / Piper Aircraft TSA Approved: Yes In House Maintenance: Two full time mechanics, two full time apprentice mechanics, two vehicles Years remaining on airport lease: 44 Months Prof Managed: Yes 2016 Projected Gross Revenue: $4M USD - $6M USD plus

The Flight School was formed in January 2010 and has grown into a profitable, stable business offering individual training to a healthy mix of students by the mostly ATP instructor staff.

The school is professionally managed by a Director of Operations with over 28,000 hours and 40 years in the industry, having owned and / or ran multiple 121 & 135 operations. The Chief Pilot has over 24,000 hours and 35 years in management positions in 121 & 135 operations.

The maintenance team is a full time, in-house team of four mechanics who also perform outside work on Behalf of Beach Aviation for general aviation aircraft in Boca Raton, Florida (KBCT). The Maintenance Department has two vans, and numerous tools, equipment and supplies.

The school recently was awarded a contract with a Chinese entity for 48 “ab initio” students every 6 months. This contract alone is valued at $1,840,350.00USD exclusive of housing and books/materials and is renewable for three, six-month periods ($7,361,400.00USD). Additionally, many of their students are from the Caribbean and the local South Florida area.

As a partner with Florida Atlantic University, Beach Aviation was awarded a three year charter contract (with two, one-year extensions) for FAU Football and Athletics. The Contract start date is July 2016 and is a $1,580,000.00 contract without extensions and $2,745,000.00 with the extensions. Florida International

Posted Sep 22, 2016

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