Mechanical Repair Business For Sale in 0 Ontario

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Aircraft Maintenance Business And Hangar For Sale

Location:Ontario

Category:Mechanical Repair

Asking Price:$380,000

  • Sales revenue : $183,000
  • Net profit : $100,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Aircraft Maintenance Business And Hangar For Sale
  • Aircraft Maintenance Business And Hangar For Sale

Business description

Since 2005, this Aircraft Maintenance and Repair business has been providing quality repair and maintenance service for small aircraft in the Central Ontario region. In addition to maintenance and repair services, the business also certifies aircrafts as airworthy.

Types of aircraft serviced include Turbo and Piston Beavers, and Guru. Business currently services 47 clients, with capacity to grow.

A buyer would have an Aircraft Maintenance Engineer (AME) M1-M2 license.

The business also owns the hangar, and the land is leased from the city for a nominal annual amount. Hangar is included in the sale price of the business.

Other Information

  • Real Estate: Hangar, approx 2,912 s.f.
  • Competition: Only repair hangar on the field.
  • Expansion: Add more clients and staff to support increase in business
  • Years Established: 2005
  • Employees: 1
  • Trading Hours: Monday-Friday
  • Support Training: Seller to provide transitional support.
  • Reason For Selling: Retirement
  • Lease Terms: Hangar owned, pay city lease for land, approx. $1,500 annually
Equitas Business Brokers Limited
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