Issue link: http://deals.uberflip.com/i/1489093
Air Charter Service, Flight School, and Flight/Aerial Services Company Located in Southern US #65811 Sign NDA ► 2022 Revenue Est. $1,500,000 (14.0% growth) 2022 EBITDA Est. $366,000 (24.4% of revenue) 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. Chad Primeaux Senior M&A Advisor Email: CPrimeaux@generational.com Mobile: 504-717-1783 Generational Equity 3400 N. Central Expressway, Suite 100, Richardson, TX Fax: 972-392-1124 BUSINESS HIGHLIGHTS This growing Company offers flight training, air charter (passenger and cargo), airplane sightseeing rides and rentals, survey flights, buoy deployments, and aerial advertising services. The Company also performs medical transportation services for organ transplants. The Company offers on-demand air charter services throughout the Continental US, Canada, and the Islands of the Caribbean. The flight school offers flight training for pilot ratings of both single engine and multi- engine aircraft, and offers advanced training for those looking to become professional pilots. The Company operates from a Company-owned 8,000 sq. ft. hangar located on property that is leased from the City at a Municipal Airport. The facility is primarily used to house aircraft, and has some office space and some classroom space for the flight school. The current facility has adequate capacity to accommodate future growth. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS > Over 35 yrs. of operations > 3 FT & 1 PT employees > 450+ Clientele List > 25%+ Recurring Business > B2B & B2C Customer Markets > S-Corp. Structure > Low Cap-Ex Requirements > All Key Employees will Stay INVESTMENT APPEAL • Scalable Operation — The Company currently operates 6 multi-engine and turbo-prop aircraft on which it provides its charter, ride, rental, and medical transport services. Adding additional aircraft can materially increase the Company's capabilities (such as a jet for heart and passenger transportation). • Consistently Growing Earnings, Strong EBITDA — Despite a dip in Revenue in 2020 due to COVID, earnings (as depicted by EBIT) grew consistently through the historical period. EBITDA margins also averaged 24.5% over the same period. • Strong Financial Position — As of December 31, 2021, current assets were $269,000 and current liabilities were $173,000 resulting in a current ratio of 1.55x and a net working capital of $96,000. • Strong Sales Growth — In 2021, revenues grew by 23.5% from $1,066,00 to $1,316,000 due to much higher customer demand and small price increases. Management conservatively estimates 14% growth in 2022 due to increased medical flights, more frequent buoy deployments, and the return of many regional events that were cancelled due to COVID. Management is looking for additional aircraft to do more medical runs and increase charter flight service. • Strong Regional Reputation — The Company's long-term presence, industry expertise, and excellent reputation will continue to boost its revenue growth. GROWTH OPPORTUNITY > Grow Medical Transportation > Grow Charter Service > Outbound Sales/Marketing > Geographic Market Expansion REVENUE MIX 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.