FAA Certificated Aircraft Interiors Mfg. with 145 Repair Station
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Background
BizEx ID: | BizEx1227-TM |
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General Location: | Long Beach, CA |
Category: |
Manufacturing Aviation & Aerospace |
Years in Business: | 54 |
Under Present Owner: | 54 |
Hours of Operation: | M-F 7am - 3:30pm |
Owner Hours: | M-F 7am - 3:30pm |
Training: | 8 weeks @ 40 hours |
Organization Type: | C-Corp |
Lease Expiration: | 12/2021 |
Lease Options: | (2) 3-year Options |
Building Size: | 11,000 sq. ft. |
Employees: | 16 |
Reason for Sale: | Retirement |
Financials
Asking Price: | $900,000 |
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Down Payment: | Negotiable |
Gross Sales: | $1,113,618 |
Discretionary Cash Flow: | $201,654 |
FF&E: | $322,550 |
Inventory Included? | No |
Inventory: | N/A |
Min. Operating Capital: | |
Real Estate Available? | No |
Rent: | $8,600 |
Payroll: | $14,000 |
Financing: | Call |
Jul 20 - Jun 21 | Jul 21 - Jun 22 | Jul 22 - Jun 23 | |
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Gross Sales | $ 831,465 | $ 995,904 | $ 1,113,618 |
Gross Profit | $ 644,525 | $ 448,156 | $ 665,082 |
Disc. Earnings | $ 22,655 | $ 60,688 | $ 201,654 |
Pictures
Description
OPPORTUNITY
For sale is an aircraft interior manufacturer that provides FAA approved parts and interiors for leading aircraft manufacturers with a 145-Repair Station certificate in place!
MARKET NICHE
Manufacturing of airframe and interiors segment for military (currently servicing large defense contract), law enforcement and commercial aircraft.
They are based in Southern California, which itself has a long aviation manufacturing history and a deep pool of skilled aviation mechanics.
VALUE PROPOSITION
This is an original equipment manufacturer of nearly every new and replacement interior part for an extensive line of aircraft.
Every model in their strategic client's aircraft line is a potential revenue source.
FINANCIALS
Financials are reported on a July thru June fiscal year.
PROJECTED SDE FOR 2023-2024
$318,135
Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.