Introduction

In this episode of Acquisitions Anonymous, Michael Girdley, Bill D'Alessandro, and Heather Endresen discuss buying an aircraft service center. They review the business details, noting its strong sales of $1.2 million and good profit margins. This episode is perfect for anyone interested in aviation and what it takes to run a niche service business.

Check out the listing here: https://synergybb.com/listings/well-established-aircraft-service-center/

Thanks to this week's sponsor:

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Learn how to buy a business.
If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course.
You will learn:
• Build a thesis for the type of business that's right for you‍
• Learn how to stand out in a sea of buyers
• Create a working, scalable Deal Engine getting you leads
• Maximize your chances of finding great deals

Show Notes: 

00:00 intro

01:40 Private Planes and the $500 Hamburger

04:21 The Dynamics and Safety of Plane Manufacturing

05:00 The Price Range of General Aviation Planes

06:50 Michael's anecdote

09:10 Exploring the Business for Sale: An Aircraft Service Center

11:37 The Risks and Challenges of Owning an Aircraft Service Center

13:16 Is this a transferable business? 

14:42  Why airports don't own this service?

18:50 Did we find the business? 

24:40 The Ideal Buyer