East Metro Atlanta Georgia Business for sale

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East Metro Atlanta Georgia 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
Source Data:

About the Business

Listing 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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The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

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