Business for Sale

FBO in Atlanta's 30 Mile Radius Air Space

East Metro Atlanta, Georgia
General: The company is the only FBO with a license granted by the airport owner. The airport has a 5500 foot runway. Customers include private, corporate and commercial airport based and transient clients. Licenses and Leases: Part 135 Air Carrier Company / CertificateCity FBO Operating Agreement with 27 years remainingSeveral Lease Agreement with clientsServices: AvGas and Jet A Fuel sales Counter salesCharter flightsFlight instructionAircraft rentalLand building plotsLease Property and Buildings; Office and hangar building is located on 12.5 acres of leased and option property.Twenty-seven (27) years remaining on ground lease.Company leases 7.5 acres which company provides up to 60 tie-downs.Other Assets: C-172, CH-20, C-150 and PA34-220TVarious ancillary equipment – Tug, Cart, Stretcher Kit STC, Mule,For further information please contact Mike Togneri (770.487.8055) or visit www.vrsatlanta.com

Financials

Price: $2,750,000
Gross Income: $900,000
Cash Flow: $250,000
FFE: $2,827,000
Inventory: $0
Real Estate Value: $1,500,000

About the Business

Office Reference ID: #41412065
Year Established: 2001
Financing: 50% of purchase price
Training: As required
Facilities: Currently, there is a 12,000 square foot corportate hangar that is 100% occupied, plus office building and terminal.
Competition: One of 7 FBO's in the Atlanta air space with a runway greater than 5,000 feet.
Growth: At the beginning stages of development. Ample acreage to construct additional corporate hangars.
Business Listed By
Name: Michael Togneri
Company: Neri Capital Partners
Phone: 770-487-0986

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