Profitable FAA Certified Aircraft Float Manufacture

Penobscot County, ME
listing image
Sale Pending
Asking Price:$2,500,000
Gross Revenue:$1,300,625
EBITDA:$388,578
Real Estate:$995,000
Cash Flow:$300,377
Inventory:$539,348
FF&E:$250,000
Established Year:1954
BUSINESS DESCRIPTION

1 of 3 FAA certified float manufacturing companies in the world with a rich history spanning over 70 years, this certified float manufacturing company prides itself on a legacy of excellence and a loyal customer base. Currently, over 1400 sets of floats are in active use, showcasing the operational success and strategic base at a 14,400 square-foot facility on 5 1/2 acres located at a regional airport with a seaplane base. This compelling investment opportunity for those looking to enter the aircraft manufacturing sector or expand their existing portfolio, backed by a proven track record of success, strong market presence, and a commitment to quality and innovation.

Established in 1954, the sellers have built a solid reputation in the aircraft manufacturing industry, known for their expertise in producing plane floats. As one of only three FAA certified float manufacturers globally, this opportunity stand at the forefront of innovation and development within aviation. The strategic location near a regional airport facilities and seaplane bases enhances operational efficiency and client servicing capabilities. Holding full FAA production approval and being a certified aircraft float manufacturer, they engage in manufacturing and designing seaplane floats to cater to a broad spectrum of the aviation industry.

The business model integrates float manufacturing with aircraft brokerage and restoration services, addressing a niche market with excellence. With a dedicated and fully trained workforce, coupled with a well-equipped manufacturing facility in a cost-effective region, the seller boasts it's operational efficiency and production capabilities. The culture of innovation is evident in their proactive approach to developing new products tailored for experimental markets, showcasing the forward-thinking mindset and responsiveness to evolving industry trends.


DETAILED INFORMATION
Location
Penobscot County, ME
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
14,400
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This company operates from a fully-functional 14,400 square-foot facility situated on 5 1/2 acres adjacent to a regional airport with a seaplane base. Equipped with the necessary tools and machinery, they are a certified FAA production approval holder with a vast inventory of parts and floats, all managed by their skilled and dedicated employees in a low-cost manufacturing region.
Competition
As a fully certified FAA production approval holder and an expert in manufacturing, TSO (Technical Standard Orders), and PMA (Parts Manufacturer Approval), they are well-positioned in a competitive market. Their well-stocked inventory, trained employees, and cost-efficient setup ensure they stand out among competitors.
Growth & Expansion
Collaborating with sectors like civil aviation or defense offers opportunities to enhance market share, diversify the portfolio, and tap into niche markets. Staying updated on industry trends, customer demands, and innovation will be key to maintaining competitiveness, responding to market needs, and driving sustainable development in the dynamic aviation sector.
Financing
Offered as a STOCK sale and eligible for SBA & FAME guarantees
Support & Training
The president, who is one of the owners overseeing day-to-day operations, collaborates with a key employee that lead a dedicated team. While the president is available for consultation, the key employee plays a crucial role in the daily operations and will ensure a seamless transition for a potential buyer with unwavering commitment and valuable expertise.
Reason for Selling
The sellers group is looking to divest of this business endeavor and enter vario
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Jenn
Morin
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Jenn Morin