A long established and highly profitable Service Company, providing assistance to a selection of Airlines operating from a UK airport.
The business has been established for over 21 years and has developed into a niche & bespoke service provider to the airline industry, working with over 40 major airlines and handling agents.
Turnover has grown significantly since the Covid affected years, doubling in size for the FYE 2023 and forecast to increase again by another 31% FYE 2024. Forecast turnover to 31 Mar 2024 is £1.6m providing adjusted EBITDA of circa £380k.
Our clients work part-time in the business, ably supported by a professional team of 13 staff plus casuals as required (Two form a 2nd Tier Management level).
This is a strictly confidential sale. For further information, please click through for a Teaser and NDA.
Key features:
- Service Provider to Major Airlines
- Strong and Secure Customer Base
- Excellent Growth in Recent Years
- Current T/O £1.6m, adjusted EBITDA £380k
- Professional Team of 13 supporting the Vendors
- Strong 2nd Tier Management Structure
- Client is Looking to Pursue other Non-Competing Opportunities
- Offers Invited for 100% of the Shareholding
