All Non-Classifiable EstablishmentsActive
Profitable Aircraft Engine Overhaul & Repair Company
DescriptionAmerica's Aircraft Engines was established in 1991 and is full-service FAA-certified engine overhaul and repair facility. The company services customers worldwide, including government agencies, flight schools, kit-plane builders and individual owner-operators.
Strategically located in the South-Central part of the US, America's Aircraft Engines operates out of a modern 7,450 square-foot facility. It is staffed by a tight-knit team with over a century of expertise in aircraft engine overhaul.
The company is one of the few in the industry using a Dynamometer, a devise for measuring force and torque.
Overhaul offerings include:
> Standard Overhaul for FAA-approved Continental and Lycoming engines, with several warranty offerings.
>Eagle IV-EX, and experimental engine tailored for homebuilt aircraft. This comes with a three-year parts and labor
warranty.
Customer Feedback reflects high levels of satisfaction, not only with the overall quality of the company's work, but also, many customers praised the company's swift warranty support, as well as their personal and friendly service.
Summary: America's Aircraft Engines stands out for combining decades of hands-on experience with modern capabilities and customer-focused service
Real Estate$750kNot Included in Asking Price
Building Size: 7450 sq. ft. Inventory$358kIncluded in Asking Price
Number of EmployeesFull-Time: 12Part-Time: 1
Reason SellingThe owner, Richard Fowler, will turn 81 later this year. He has been heavily involved in the company since its inception and now wishes to fully retire.
Facilities & AssetsAmerica's Aircraft Engines operates in a state of the art 7,450 square foot facility. The owner of America's Aircraft Engines owns the building and would be willing to sell it to the buyer. The asking price for the real estate would be $750,000 (not included in the asking price). If the buyer of the business chooses to lease the space instead of buying it, the monthly rent would be $5,000 per month.
Support & TrainingThe owner, Richard Fowler, is willing to train the new owner, without charge (either face to face, or available by phone) for 2 to 3 years. Keep in mind, the President, Steve Fowler, runs the day-to-day operation and would like to remain in his current position after the transfer of ownership.
Market & CompetitionThere are a relatively small number of companies providing the same services as America's Aircraft Engines. The owner is not aware of every losing business to any of their competitors. Additionally, this is a very niche industry and there are no other similar businesses in the region.
Growth OpportunitiesDue to their great reputation for high quality work and customer service, America's Aircraft Engines does not have a dedicated sales team. This would be one possible avenue for growth, along with potential improvement of operational efficiencies.