Flight School with Built-in RR For Sale – SBA Approved
Price: $725,000
Annual Revenue: $799,839
Net Cash Flow: $147,847
Industry: Transportation
Location: Pennsylvania
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.
The company partners with the following regional carriers through the colleges to train future commercial pilots.
- JetBlue Gateway and Transition program.
- Republic Airways
- NetJets
The flight school offers the following courses:
Private Pilot: This course offers the knowledge and skills required by the airman certification standards to embark on a flight safely.
Instrument rating: This course offers the knowledge and skills required by the airman certification standards to embark on a flight safely.
Commercial pilot rating: This course offers the privilege of earning a living.
Multi-engine rating: This course prepares the student for the privilege of flying a multi-engine aircraft, more commonly referred to as a twin. They currently refer students for this course.
Complex Aircraft: This course offers the applicant the ability to experience retractable gear, constant-speed propellers, and much more. This 10-hour course complies with the new complex requirements set forth by the Federal Aviation Administration.
CFI/CFII: This course offers the knowledge and skills required by the FAA airman certification standards to teach applicants in a required flight course safely.
Listing Details
Reason For Sale:
The owners want to retire.
Training & Support:
Owners are motivated and are willing to support the transition as needed.
Operation
Employees: 11
Summary
Potential Growth:
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.