Kingair Training Business For Sale
Asking Price: | $275,000 |
Established Year: | 2005 |
Turnkey and Remotely Operated FAA Certified Kingair Training Program
Stark Aviation Services is a unique Kingair training program designed to the highest standards for FAA FITS certification and is approved by most aviation insurance carriers. FITS is the most modern approach to training, similar to the AQP training all major airlines use. www.starkaviation.com is the web address. What makes this business so unique is the 100% online ground school and the remote operation. Customers either fly their airplane to the instructor, or the instructor travels to the customer. The practical portion of the program is conducted in the customer's airplane, which is much more comfortable for the customer. Pricing for this type of training beats every competitor as well. Asking price for all assets, online program, proprietary training materials, website, six months of transition assistance with FAA and insurance carriers, as well as full consultation for ease of business transition is $275,000. Owner is selling due to his age. He and his wife developed this business from scratch. He retired from a full time airline position at 60 and has been operating Stark Aviation full time ever since. Overhead is very low due to the online and remote training and is approximately $3000 per year. Most of that is insurance and the rest is website upkeep. I have plenty of financial information to send to the right buyer, including customer lists too.
Update: Owner is moving and reducing price by $25k for a quick close.