BUSINESS DESCRIPTION
Are you a respected corporate pilot and flight instructor3F; If you can answer yes this high end California Aircraft Proficiency Training Company is for you. The company is more profitable and successful every year21; Experienced corporate pilots, company executives, company owners and plane owners come to the company to take classes in turboprop and piston powered planes. Class is held in small groups in the classroom and also in a state of the art Full Motion Flight Training Device. The new owner should be an experienced instructor with background as a corporate pilot that can command the confidence of the students, insurance carriers, company owners, and regulators. Cash flow to the owner is projected at 24;385,000 on sales of 24;509,000 for the year ending 12-31-2005. Terms of the sale is half note and half cash based upon the price of 24;1,500,000 with a 24;750,000 down payment due at closing and 24;750,000 note at 9%; interest to be carried by seller for three years at 24;9500.69 per month for 36 months, balloon payment due at the end of three years when the buyer is expected to refinance the seller note and pay off the seller.For more information, please contact Lonnie Langdon at 310-539-8300.