Issue link: http://deals.uberflip.com/i/1433150
Highly Reputable FAA-Approved Manufacturer of Light-Sport Aircraft Located in Southern US #62111 Sign NDA ► 2021 Revenue Est. $3,900,000 2021 EBITDA Est. $833,000 (21.4% of Sales) DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Jacob Mangalath Vice President - M&A Email: JMangalath@generational.com Mobile: 469-828-2791 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS The Company is an FAA-approved manufacturer of light-sport aircraft. The Company was established to develop a light-sport version of the renowned Piper Cub airplane, and currently produces a range of models based on this classic aircraft. The design and feel of the Company's aircraft has contributed to its success over the past 17 years. The Company caters to the flying community all across the globe, in particular Europe, Australia, and South America. Over time, the Company has expanded its range of capabilities to include part sales, repairs, and rehabilitation services. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS > Over 17 yrs of operations > Partnership Structure > 20 FT & 7 PT employees > Mfg. & Fabrication In-House > Facilities: 10,000 Sq. Ft. HQ, 20,000 Sq. Ft. Hanger, and 6,500 Sq. Ft. Storage > Accounts: 330+ INVESTMENT APPEAL • Scalable Operation — The Company has a strong reputation for the quality of its aircraft and generates orders from aviation enthusiasts from across the globe. The Company can easily scale its business model if a sales and marketing arm is developed as most business is through organic growth and referrals. • FAA Certifications — The Company has expended considerable resources (engineering, testing, regulatory, etc.) to achieve FAA certification on its aircraft. New entrants to the industry would require technical expertise and significant investments for R&D and regulatory approvals. Management spent in excess of $1.2 million over the years to attain the required licenses. • Highly Profitable — The Company's Gross Profit margin has averaged over 52% over the historical period and its EBITDA margin has averaged over 25% over the same period. • International Expansion — While the bulk of revenue emanates from the US, the Company's international business has grown from 7% of sales in 2015 to 10% of sales in 2020. Key foreign markets include Australia, Europe, and South America. • Strong Financial Performance — The Company's revenue grew at a CAGR of 21.8% during the historical period. In 2020, despite COVID, revenue grew 18.5%. Further, the Company has historically grown the business with virtually no interest- bearing third-party debt. The Company's balance sheet also reflects a strong net working capital position. GROWTH OPPORTUNITY > Fragmented Industry Consolidation > Product & Service Expansion > Develop Sales & Marketing > Geographic Expansion (Random Plane Image for Illustrative Purposes) Revenue Mix