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
· Electronic flight bag (EFB) SAAS solution that connects and synchronizes data together of
the flight crew, dispatch office, ground services, and gate agents together using the cloud
based system and databases for expedient release of every flight
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.
