Price
Refer to Broker
Profit *
$170,000
Sales Revenue
$2,218,080
Location
Auckland Region, Auckland City
Category
Tourism, Accommodation/Tourism Services
Listing #
EL01293
An opportune time to acquire an established Qual mark accredited regional airline based in Auckland for only $1.6M .
This reputable airline has proven systems and well-trained staff, allowing the vendors to manage the business from their lifestyle block, 300 miles from Auckland, for over 20 years.
The new owner can take advantage of the tourism boom, aided by the vendor's experience of over 40 years in aviation, and fill the gap left by the national airlines that have recently pulled out of several regional routes.
Ideally suited to a business person with a background in aviation, preferably a pilot or aircraft engineer/technician or an add on to an existing airline or aviation transport or high end tourism business.
A convenient entry for any Australian airline having underutilized fleet of aircrafts with passenger capacity of 15-45 seats seeking to establish its operations in the growing regional market.
The vendor has draft accounts for the year ending June 2018, showing an increase of approximately 20% in revenue and passenger numbers.
Strict confidentiality applies information will be provided in person only.
Also email a brief note on your current activity and aviation experience
Contact Neville Choksi E [email protected] M 0210599519
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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