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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.
Aircraft:
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.
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