TURN KEY PART 141 FLIGHT SCHOOL SEVIS & AIRCRAFT Business Offers
- Business | Personal Services
- Business Offers
- Fort Lauderdale USA
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- Business | Personal Services
- Business Offers
- Fort Lauderdale USA
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Dean Kantis
Ft. Lauderdale Int'l Airport/SheltAir/KFL
1100 Lee Wagener Blvd, Suite #211
Fort Lauderdale, FL 33315 USA
Map ItTurn Key Part 141 Flight School SEVIS & Aircraft Description: Part 141 SEVIS Flight School Offering. This is an established success story, a turnkey flight school, and comes with (7) company owned aircraft, (4) leased aircraft, existing staff, Certified Flight Instructors (CFI’s), established students/income stream & owners can stay on through transition period and teach you the business. There are also hangars available for purchase or rent/lease. $1.150m Ask Price does not include the aircraft and hangar(s) for purchase. Those amounts are added on top of the Ask Price. Debt: Main hangar. $400k owed. Baron and C172. $100k owed. No company revolving debt on credit cards. Part 141/SEVIS: Founded: 1979. Current owners took over in 2001 to present. Current owners had this school since 2001 to present. Students Enrolled: About 85. LOA Attached. Aircraft Fleet: 7 Aircraft: (3) C150s, (3) C172s = (2) G1000’s/2005 and (1) 2002; (1) Baron 55. 4 Leased: (3) C172s. (1) Commander 112. All aircraft are hangered. Contracts: Seller prefers straight sale of aircraft; but to the right buyer, may consider lease/purchase w/significant deposit. Contract with Liberty University. Course online and flight training through this Part 141. (25% of total students. Renews annually automatically. Started in 2014’ish). A top-flight school in the area. A lot of students come from Kentucky, Chicago, Northern Indiana, SW Michigan. Sellers are in their 70s now and would like to retire. All “word of mouth” advertising and referrals. A ton of room for growth. Hangar/Office/Classroom: 20 year left on lease. $7,500/month. (2) Connected Hangars: 160x80 total. $1.0m appraised. (1) Hangar: 40x60 has apartment. Seller owns. Can sell or rent. (2) Hangars: 40x30/each. Can sell or rent. (1) 2 Story/Office Space: 40x80. Can sell or rent. Staff: Husband/Wife: $50,000.00 paid yearly. Admin Staff: Dispatcher part-time: $12 to $15/hr; Office Mgr: $3,400/month. (2) Assistant Chief/hourly compensation $1,200/month & $600/month plus $25/hr. (1) Chief Flight Instructor for everything. $2,000/month plus $30/hr. Simulators: Elite AATD Simulator owned. Precision Flight Control AATD on leaseback. Office equipment, computers, all office equipment, shop tools, etc. Courses: PRIVATE. COMMERCIAL . INSTRUMENT. MULTI ENGINE (Multi-engine instructor is in the process of being approved by the VA, already approved as a course by the FAA). CERTIFIED FLIGHT INSTRUCTOR. CERTIFIED FLIGHT INSTRUCTOR INSTRUMENT. ROTARY TRANSITION COURSE FOR MILITARY HELICOPTER PILOTS TRANSITIONING TO FIXED WING. VA APPROVAL. Testing In-House: Knowledge Testing in house. Practical Flight Test/Oral/Check Ride is done outside. Gross/Net: 2021: $1.3m/yr and $100k/Net/yr.