Aircraft Performance Engineering Firm with Proprietary Software BN000042283
Key Aspects
· Industry leader with a sterling reputation on its industry
· Highly qualified team of aerospace engineers
· Over 37 years of experience in the industry
· Highly versatile service operations that adapt to the most specific and unique needs of its clients
· Proven and unique proprietary software products that set the company apart from its competitors
· Up to 93% of revenue is produced by repeat customer through yearly service contracts with automatic renewals
Opportunities
· Expand geographic operational area to capture unrealized market share
· Establish a dedicated marketing and sales team to boost sales and brand awareness
· Capitalize on the expansion of wi-fi services connectivity
· Capture additional wallet share from existing customer base
· Opportunity to expand and target new industries such as military and government agencies
Headquartered
· Northeast United States
Real Estate
· The company operates from a 2,600 sq. ft. facility leased from an affiliated entity. There is room to grow in the current location, which is about 70% occupied.
Shareholder Objectives
· The owner would like to retire and move on to non-related business ventures and is open to various deal structures. The owner is also willing to remain on with new ownership for a transition period if needed.