Podknife - Buying a $1.2M in Revenue Aircraft Service Center in New Jersey? - Acquisitions Anonymous 292 by Acquisitions Anonymous - #1 for business buying, selling and operating

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Buying a $1.2M in Revenue Aircraft Service Center in New Jersey? - Acquisitions Anonymous 292

Podcast |: Acquisitions Anonymous - #1 for business buying, selling and operating
Publisher |: Bill D'Alessandro, Mills Snell, & Michael Girdley
Media Type |: audio
Podknife tags |: Business,; Entrepreneurship,; Interview,; Investing,; Mergers & Acquisitions,; Personal Journals
Categories Via RSS |: Business,; Entrepreneurship,; Investing
Publication Date |: Apr 26, 2024
Episode Duration |: 00:27:13

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:Have you thought about exiting your current online business or buying one to start a new journey as an entrepreneur but have no idea where to start? Unlock business opportunities with Boopos.com! Boopos is the #1 platform for buying and selling profitable online businesses with built-in acquisition financing for qualified buyers. At Boopos.com, you can source opportunities from Boopos exclusive listings and other marketplaces or bring your own proprietary deal flow for approval. Boopos can offer pre-approved financing for recurring revenue businesses, allowing you to access fast funding with no personal guarantees.Want to find out more? Go to go.boopos.com/michaelgirdley, sign up, and get qualified to sell your business or find your next deal.---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 dealsShow 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

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