Issue link: http://deals.uberflip.com/i/1532792
Premier FBO offers Aircraft Maintenance, Repair, and Inspection Located in Southern US #68045 Sign NDA ► 2024 Revenue Est. $1,600,000 2024 SDE Est. $284,000 (17.8% 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. 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 specializes in comprehensive aircraft maintenance, inspections, and repairs for a variety of corporate aircraft, with exclusive service for a particular airplane series. Offering phase one through phase four inspections, the Company ensures safety, airworthiness, and regulatory compliance. Committed to delivering top-quality and cost-effective aviation detailing services, the Company derives 100% of its revenue from aircraft maintenance and remains the trusted choice for aircraft owners in the area. Operating from a leased 10,000 sq. ft. facility strategically located near the regional airport, the Company provides convenient access for current customers and high visibility for potential clients. With minimal direct competition nearby, the Company holds a unique and valuable position in the market. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS > Established 23 Year Reputa- tion > 6 FT Employees > 2 A&P (other than owner) > Specializing in King Air craft > 95% Repeat Business > Diverse Service Offering – All services pertaining to phases 1- 4 of Aircraft Maintenance. > Nationwide exposure > Established Vendor History INVESTMENT APPEAL • Strong Customer Relationships - The Company has strong ties to clients due to industry expertise and excellent customer service. The Company maintains a base of approximately 30 active customers, and an estimated 95% of revenue comes from recurring active customer orders. • Modest Ongoing Capital Investment Requirements: Management does not expect a significant investment in capital assets to be required over the pro forma period. Going forward, management anticipates capital expenditures at $3,000 per year for various equipment and leasehold improvements. • Decreasing Operating Expenses: Operating expenses have been trending lower, decreasing as a percent of sales from 42.2% in 2021 to 29.8% in 2023. Effective management of operating expenses led to greater profitability over the historical period • Strong Historical Sales Growth - Historical sales have grown from $1,051,000 in 2021 to $1,752,000 in 2023, representing a compound annual growth rate of 29.1%. Sales have grown consistently year over year in the historical period. • Rising Gross Profit Trend: Throughout the historical period, gross profit increased from 39.6% of sales in 2021 to 43.5% of sales by the end of 2023. The Company has been able to efficiently control its cost of sales after high growth, demonstrating its ability to maximize profitability potential. GROWTH OPPORTUNITY > Expand Operations to Addi- tional Hangar Location > Hiring of Additional Mechan- ics to increase capacity 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.