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FBO Purchase worth it ?



 
 
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Old April 4th 05, 01:13 AM
Toņo
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Nathan Young wrote:

It is probably more difficult than ever to make it as a small GA FBO.
Rising costs will continue to deter flying and flight training.
Increased government regulation could hamper GA significantly (just
look at the DC area for examples).

However, if the FBO is a bit larger, and caters to biz jet types,
business is probably up and to the right... I know the local area
charter ops are doing great business. A lot of execs won't tolerate
the airlines any longer.

-Nathan


Yes. The point you make about "increased government regulation" is
especially troublesome to my friend. The port here (which owns the
airport) is not especially friendly toward the smaller FBO's. They
constantly solicit the bigger FBOs and offer them incentives to move in.

This particular FBO has some biz jet biz. However, the facilities are
such that the business from the big jets is mostly "pity motivated"--the
old folks that own the place now seem to illicit that from their
established customers. I doubt that the jets would be loyal to a new
owner when there are others on field that could serve their needs within
a better environment, with newer equipment, etc.

No. The business, as it sits, would surely be a labor of love.

Thanks for your insights!

Toņo
 




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