Turnkey Flight School + Loan Portfolio - $1.6M Rev - Midwest Metro - Business for Sale
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Turnkey Flight School and Loan Portfolio in Salt Lake County, UT
UT, US
Added 6 months ago
Flight School with Loan Portfolio
7 years in business
Absentee / Semi-Absentee
This business is a professionally operated flight school with a performing student loan portfolio located in Salt Lake County, Utah, serving a Midwest metro market with a population over 1 million.
Key Information
Asking
$2.4M
Revenue
$1.6M
Earnings
$485K
Multiple
5.0x
Key Highlights
- Years established: 7
- Assets included: 7 aircraft, FAA-approved AATD flight simulator, fully equipped maintenance hangar, proprietary loan origination and servicing platform (95% automated), performing student loan portfolio ($700K+ principal at 12-16% APR, 100% current), custom operations management software
- Staff: full-time General Manager, Admissions Representative, and A&P Mechanic
- Location: Salt Lake County, UT
- Part 141 approval pending
Contact Info
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