International Provider of Aircraft Maintenance Services Based Across the UK and Ireland
International Provider of Aircraft Maintenance Services Based Across the UK and Ireland
Overview
Description
Based Across the UK and Ireland
Overview
Project MRO is an international aircraft base and line maintenance provider for a multitude of airlines, lessors, and operators.
Included in Project MRO is a subsidiary company that utilises all licences of the primary company to carry out maintenance on aircrafts and pays the primary company a monthly fee.
Demonstrating its success, the group has gained a multitude of certifications throughout its time in operation and can handle most aircrafts from major manufacturers.
Our clients are now offering the business for sale to facilitate retirement plans.
Offers invited.
Key Highlights
– Services include base maintenance, line maintenance, end-of-lease services, livery and paint support, and tool and equipment leasing.
– Operates in the aviation sector, serving 135 clients, all of whom provide reliable streams of ongoing revenue.
– Operates from several leasehold premises across the UK and Ireland.
– Highly trained and experienced team in place across the group.
– Utilises a team of qualified Engineers to ensure aircrafts are maintained to the regulatory compliant standards.
– Strong relationships with synergistic organisations, allowing the group to offer a comprehensive range of services.
– Scope for growth via the expansion of the primary base maintenance facility and the recruitment of additional Engineers.
Financial Highlights
– YE23 turnover of circa £9m.
– Adjusted EBITDA of £743k achieved within the same year.
– Forecasted to generate an excellent turnover of £8.9m in YE24.
– Average gross profit margin of 43% between YE19 and YE23.
– Currently provides circa 20% of UK aviation maintenance requirements.
– In discussions with two major airlines that could be prospective new clients, which will generate additional revenue for the business.
Is this business relocatable:
Is stock included:
Listed By:
Similar Listings
Commercial Road is delighted to invite offers for this well-established, reputable, and specialised garage based in North Yorkshire. The garage uses specialist tools and diagnostic equipment to provide a range of garage services including MOT testing...
Impressive top performing MOTOR VEHICLE REPAIR, SERVICING, M.O.T, and CAR SALES CENTRE, occupying substantial high profile and highly valuable SOUTH DEVON site, situated on the edge of BOVEY TRACEY, the ‘Gateway to the Moor’. Adjacent the main A3...
Goadsby Commercial present rarely available freehold garage business providing mot testing, vehicle servicing and repairs. Long established business – with substantial passing traffic. Includes car ramps and equipment to operate the garage. Gen...
Leasehold MOT, Sales, Media & Vehicle Mechanical Repairs Centre Located In Solihull Full Dealership Capabilities Twin Lane MOT Facility Sales/Media/Events Suite 14,000 Sq Ft & Parking For 40 Vehicles Ref 2991 Asking Price £249,950 plus V...
• Established Reputation Since 1998, Trusted by Customers for Over 26 years • Two Locations with MOT Testing Facility Add Value and Additional Income Streams • Dedicated Owner Looking to Retire – An Ideal Opportunity For New Ownership Due...
Petrol Filling Station and Shop. Former MOT Station/ property included. c.20,000 litres fuel per week. Located on busy A76 routing. Scope to develop existing business. Recently modernised site. FREEHOLD PRICE £550,000 plus stock at valuation. New C...