• Buying a $1.2M in Revenue Aircraft Service Center in New Jersey? - Acquisitions Anonymous 292

  • Apr 26 2024
  • Length: 27 mins
  • Podcast
Buying a $1.2M in Revenue Aircraft Service Center in New Jersey? - Acquisitions Anonymous 292 cover art

Buying a $1.2M in Revenue Aircraft Service Center in New Jersey? - Acquisitions Anonymous 292

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    In this episode of Acquisitions Anonymous, Michael Girdley, Bill D'Alessandro, and Heather Endresen discuss buying an aircraft service center. They review the business details, noting its strong sales of $1.2 million and good profit margins. This episode is perfect for anyone interested in aviation and what it takes to run a niche service business.

    Check out the listing here: https://synergybb.com/listings/well-established-aircraft-service-center/

    Thanks to this week's sponsor:

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    Want to find out more? Go to go.boopos.com/michaelgirdley, sign up, and get qualified to sell your business or find your next deal.
    ---
    Learn how to buy a business.
    If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course.
    You will learn:
    • Build a thesis for the type of business that's right for you‍
    • Learn how to stand out in a sea of buyers
    • Create a working, scalable Deal Engine getting you leads
    • Maximize your chances of finding great deals

    Show Notes:

    00:00 intro

    01:40 Private Planes and the $500 Hamburger

    04:21 The Dynamics and Safety of Plane Manufacturing

    05:00 The Price Range of General Aviation Planes

    06:50 Michael's anecdote

    09:10 Exploring the Business for Sale: An Aircraft Service Center

    11:37 The Risks and Challenges of Owning an Aircraft Service Center

    13:16 Is this a transferable business?

    14:42 Why airports don't own this service?

    18:50 Did we find the business?

    24:40 The Ideal Buyer

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