“Aircraft and sightseeing business are sold as is, where is. Aircraft is currently flying paying.
Item specifics
| Used |
| “Aircraft and sightseeing business are sold as-is, where-is. Aircraft is currently flying paying passengers on a daily basis, and has been inspected and approved by the FAA for this purpose.” |
| Make: | Piper | Model Year: | 1970 |
DescriptionHere is a rare opportunity to purchase a profitable turn-key aviation business that includes a beautiful 1970 Piper 180 Cherokee!
ABOUT THE BUSINESS: here (Website is included with purchase)
Concorde Aviation, a D.B.A. of Triple Heaven Aircraft Leasing Inc., operates sightseeing and Discovery flights out of North Perry Airport in Pembroke Pines, Fl (Miami Area). The company received a Letter of Authorization from the FAA in 2014 to conduct sightseeing flights. For over two years the company has been highly profitable, with an average monthly net income of over $2500, or $30,000 per year. Concorde averages between 40-60 sightseeing flights per month. Most flight are sold via Groupon and Living Social. Here is a link to one of the current offers on Groupon: here >Concorde Aviation has a perfect record of Flight Safety.
All flights are conducted by FAA-certified flight instructor commercial pilots on an FAA-approved drug testing program. Pilots are paid $25 per flight. If you want to conduct the flights yourself, (because you need to build time or you just enjoy flying) monthly net income would increase by approximately $1250 per month, to $3750. This equates to $45,000 per year net income!
There is an optional "hangar share" available with the sale for $3000 additional. This "hangar share" lowers the monthly hangar rental from $600 to $470. This can be used to house your aircraft, or rented out for the $130 monthly profit. There is no time limit on the share, and it can be sold at anytime.
The business could be sold without the aircraft for $30,000, but the FAA has already inspected and approved the Cherokee. Any other aircraft would have to be approved by the FAA before entering paid service. If you buy the Cherokee 180 and the business, you are truly getting a "turn-key" operation. 100% of the company"s stock will be transferred to the new owner, so no additonal FAA paperwork will be required.
There is an Operations Manager available to stay with the company if required. The Operation Manager is not a full-time position, and only present when required by a maintenance, or other issue.
The business is currently being operated by an absentee owner. He is raising cash to pursue a real estate deal, and thus has decided to sell the business.
Because the owner is an airline pilot flying internationally, and not based in Miami, he has retained my services to represent him in the sale of his business. For any questions about the sale, please do not contact Concorde Aviation directly, as the owner is absentee. You are free to call, but you will likely get a pilot or the Ops Manager, and neither are authorized to discuss the sale of the business. Instead, please use the Ebay Ask a Question (located near the bottom of the listing), or call me, Mark, directly at 214-893-1355.
ABOUT THE AIRPLANE:
Included in the sale is a 1970 Piper Cherokee 180, N3685R. This aircraft has a clean, modern paint scheme and up-to-date panel including GPS, engine monitor, fuel flow, and autopilot. The aircraft has no damage history. The right fuel tank was repaired and the photos were taken before it was repainted. So disregard the unpainted area on the right wing.
Here are some details: AVIONICS: MX170 digital Nav/Com with Glide slope
Apollo GX 60 GPS/COM
PS Engineering intercom w/ 3 Light marker beacon
Electric pitch trim
EDM 700 Engine monitor
JPI 450 fuel flow/totalizer
LC5 digital chronometer/clock
Narco AT150 TSO transponder with atitude encoding
Remote ELT panel
Piper Autocontrol III B Auto Pilot
Carburetor Temperature Gauge
4 place intercom
Standby vacuum
ENGINE:
Lycoming O-360 SER
Aircraft has regular logbooks
SMOH: 1500 (Time to be verified as it will change)
STOH: 400 (All compressions in 70"s)
Carburetor overhaul: completed November 13 th , 2010.
All AD"s complied with
AIRFRAME:
Approx. 4500 TTAF (Time to be verified as it will change)
IFR CERTIFICATION:
Aircraft is IFR certified
ANNUAL INSPECTION:
Aircraft is within annual inspection. Next inspection 2017.
DEPOSIT AND PAYMENT:
Purchaser will be required to place a $2000 deposit within 24 hours. This will hold the business and aircraft off the market for one week, allowing the buyer to inspect the aircraft and business records. The balance of the purchase price will be due in 7 days, via wire transfer or other certified funds.
The records are available for inspection at any time without a deposit, but the deposit will hold the business off the market for the potential buyer.
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The complete eBay Selling Solution. Current date: 2016-07-29