Kingair Training Business For Sale

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Asking Price:$275,000
Established Year:2005
BUSINESS DESCRIPTION

Turnkey and Remotely Operated FAA Certified Kingair Training Program

Stark Aviation Services is a unique Kingair training program designed to the highest standards for FAA FITS certification and is approved by most aviation insurance carriers. FITS is the most modern approach to training, similar to the AQP training all major airlines use. www.starkaviation.com is the web address. What makes this business so unique is the 100% online ground school and the remote operation. Customers either fly their airplane to the instructor, or the instructor travels to the customer. The practical portion of the program is conducted in the customer's airplane, which is much more comfortable for the customer. Pricing for this type of training beats every competitor as well. Asking price for all assets, online program, proprietary training materials, website, six months of transition assistance with FAA and insurance carriers, as well as full consultation for ease of business transition is $275,000. Owner is selling due to his age. He and his wife developed this business from scratch. He retired from a full time airline position at 60 and has been operating Stark Aviation full time ever since. Overhead is very low due to the online and remote training and is approximately $3000 per year. Most of that is insurance and the rest is website upkeep. I have plenty of financial information to send to the right buyer, including customer lists too.

Update: Owner is moving and reducing price by $25k for a quick close.


ATTACHED DOCUMENTS
2024 FAA FITS Approval1.pdf.pdf Download
FITS and LOFT.docx.docx Download

DETAILED INFORMATION
Inventory
Not Included in asking price
Employees
1
Competition
We are the most economical of all training services as well as the easiest logistics for the customer.
Growth & Expansion
Growth opportunities are virtually endless since all of the ground school is done virtually anywhere there is an internet connection. It would be possible to have instructors country wide, or even world wide.
Support & Training
Six months full time support to ease transition, including FAA and insurance liaison support.
Reason for Selling
Owners are ready to fully retire. Bring offers. Price recently reduced conside
Home-Based
This business is Home-Based
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Charles Castor
Charles Castor