Transportation and storage
This is an opportunity to buy an aircraft rental company in the Netherlands is available to be purchased.
The core of the business is renting out modified aircraft to a significant customer network. The company owns a fleet of 5 aircraft that is adopted for survey, photogrammetry, and mapping. It has already served 10 customers with most of them being repeated. In general, the lease duration is from 2 to 6 months. For each aircraft the company appoints pilots. There is a crew of 12-14 pilots on a contract basis.
EBITDA margin has strongly increased in the last years. In 2021, the EBITDA margin is 50,1%. Over the last 3 years, it was 38%. This business has been profitable from its inception. The company was founded on 01.2018 in Bulgaria, where the corporate tax is only 10%. However, all operations are executed from the Netherlands. The company is approved by EASA Part-SPO to operate in European countries. The fleet of aircraft is kept in a leased hangar at the territory of an airport. All needed MEL and European approvals from the Dutch civil aviation department are in place.
It operates in a niche and lucrative market. This business for sale is easy to run with no need for any specific qualification as well as any permanent staff. It can be relocated.
The fleet consists of 5 aircraft: two Partenavia P68 multi-engine, two Cessna C206 single-engine, one Cessna C310 multi-engine. The company for sale also has a tow bar, 1 golf car as a towing machine, and small tools and online software to track the flight time, crew licensing, and operations.