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Considering buying a private jet business for sale? Here is what you need to know!
I go big or go home was a business it would be buying a private jet business for sale, the private airline industry has changed for the better, and renting a private jet would be for someone who had a high net worth, now anyone and I mean anyone can book a private jet, so when thinking of buying a business like these you can put them in the same category as buying a limo business…might cost a little a more and require more regulations but my point is getting customers to book your private jet is as easy as creating Facebook, below I will list some websites where private jet businesses advertise their jets for more bookings! Let’s explore more about the private jet rental businesses for sale…
What is a Private Jet Company For Sale?
No matter what the economy throws at us, one thing will always be true and that is air travel will always be in demand. When purchasing an already established airplane business – like a small private jet company for sale – you can eliminate some of the more challenging startup issues.
A private jet company is an aircraft business designed for transporting small groups of people from one location to another for a determined fee.
How does a Private Jet Company For Sale work?
Private jets are allowed to fly out of most airports, no matter the size. Usually, smaller airports that aren’t in high demand are the most cost-effective. There are also many common aviation airports from which only chartered jets can fly, so passengers can choose one nearest to them so they can save time commuting. Without huge, packed runways and large amounts of passengers to deal with, private jets frequently end up in the air sooner than commercial jets.
When buying a private jet company for sale, remember, you must follow Federal Aviation Administration (FAA) guidelines and must adhere to the same safety rules as commercial jet companies do. This includes things like making sure the aircraft is maintained properly, training knowledgeable pilots and staff, and instructing passengers on safety procedures.
How does a Private Jet Company make money?
A Private jet business has to maintain a steady stream of income to keep up with its expenses, owning a jet is not like owning a tractor-trailer, you will find plenty of places to park a tractor-trailer for less than $500 a month, but when it comes to parking a private jet in a hanger it could run you anywhere from $2500 to $5000 depending on the size, so how does it make money? Here are a few ways
Renting it to a group ex. 4 people $2000 an hour
Listing it online on jet rental platforms ex. Jettly.com
Advertising it as a prop ( music video shoots, photo shoots )
Your expenses may be some of the following
1. Hiring a jet pilot salary can cost around $93,000 according to comparably.com
2. Parking your jet
3. Jet maintains
Who are the clients when buying a private jet rental business for sale?
Once acquiring a private jet business for sale, you may receive a list of contracts from existing clients, these clients may be on a scheduled service, or call.
Your customers may be some of the following
1. Ceo’s fortune 500 companies
4. Used for props like video shoots
5. Bookings from online platforms
How do I advertise my private jet business?
So if you are still here you are interested to wait…did you register as a buyer? Please do so we can email you as soon as a private jet business for sale is available, once you acquire the business the previous owner may have already added his or her business into different platforms but if they didn’t here are a few websites to check out to give you a better understanding….
To the best of our knowledge, the information provided on this website is not intended to be taken as professional financial advice. Consult a business broker, or professional financial or tax expert if you require this advice.
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