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Helicopter Tour Company For Sale
Location: United States -> Hawaii
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

This ideal business, the ideal location for those, individual or corporate buyers, who were waiting for an opportunity like this one to set afoot in the most desirable location, Hawaii, and in a unique industry, Aerial Tourism. Own a business, and continue a tradition of a life time, and expand operations in other geographical areas filled with growth opportunities. The business is a Helicopter Tour Company. Its menu of services include adventures, recreation flights, sightseeing, and organized tours using state of the art Helicopters. Operations are properly FAA licensed, Part 135.

The asking price does not include Entity One a Sub Chapter corporation, the holding entity for the aircraft ( Helicopters) , but is relevant to entity Two, a regular C-Corp, the Helicopter Tour Company.

The sale of the Operating entity is very desirable for those operators that do not wish to purchase the Aircraft owned free and clear by the Seller. The lease option of the Aircraft is desirable. The operating expenses of the Helicopter tour company will remain the same since the Seller leases his Helicopters to the operating entity. The only foreseeable change in the operating expenses would be a reasonable set aside reserve for maintenance which will be based on historical hours flown.

The helicopter company employs a pool of highly qualified pilots and mechanics.


The sale of the business does not include the real estate where the business is located, and which can be purchased separately. its own value is estimated in the range of $1,200,000-$1,500,000.

Growth prospects are tangible and can be identified by the owner.

Qualified principals only. Owner requires financial qualifications.

Owner can stay for a period up to twelve months, and Management is willing to stay.

Potential buyer must submit proof of sufficient funds (Bank Letter or Statement) prior to disclosure of documents/financial information.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $5,000,000
Cash Flow:   $170,000
Cash Flow Type:  EBITDA
Inventory:  $7,500,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1988
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  Up to 12 months.
Reason For Selling:  Retirement.




Print Listing Id: 700134466
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Hawaii Businesses For Sale > Hawaii Franchises For Sale > Hawaii Business Brokers



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