Private and Emergency Air Charter Service Provider

United States

Asking Price: On Request
Business For Sale Details
Listed on Mar 27, 2024

Description:
The Company is a leading air charter broker specializing in emergency travel services. The Company offers two distinct on-demand apps tailored to specific needs, aimed at expediting the booking process of private flights.

Key Aspects:
• Revenue and gross profits have grown at compound annual growth rates (CAGRs) of 30.8% and 30.2%, respectively, from 2020 to 2023
• Gross Profit margins averaged 15.3% from 2020 to 2023
• The Company has successfully developed and implemented two apps in both the Apple App Store and the Google Play Store
• Holds strong partnerships with aircraft operators, medical institutions, and emergency response agencies

Opportunities:
• Continue to expand the Company into other geographical markets such as Europe and Asia
• Continue to diversify service offerings to include leisure travel to broaden its client base and revenue streams
• Integrate its platform with electronic health record (EHR) systems and medical dispatch centers, to help improve coordination and response times
• Establish joint ventures and partnerships with other renowned private aviation companies to help grow client base

Headquartered:
• Northeast US

Current Markets:
• The Company serves organ transplant facilities, medical professionals, corporate executives, and all others in need of private travel on short notice across the entire United States.

Real Estate:
• The Company operates out of a 1,000 sq. ft. office, leased from an unrelated third party on a month-to-month basis. There is room to grow in the current office space, although management notes a majority of the Company operates remotely.

Shareholder Ownership:
• The Company is owned by a husband and wife team with a 50%/50% split. The wife is inactive in the Company and the husband is seeking a strategic partner to help expand operations, capitalize on opportunities, and realize the full potential of the business. The owners are open to a variety of deal structures.

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Financials (USD)

Asking Price Not Disclosed

Cash Flow $580,000

Sales $7,183,000

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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