Company For Sale: Kolob Canyons Air Services

Full Part 135 cert. w/ Jet authority. Coverage all areas of world minus over Atlantic and Hawaii. Approved for 10+ aircraft and 9- less aircraft, jet ready, with active Metro III/Cargo on the DO85 currently active. Current OpSpecs: USA48, Bahamas, Caribbean and Cuba, Canada, Mexico, Central and South America and OpSpec flight approvals include: All areas of world minus over Atlantic and Hawaii. In case of adding a Heavy Jet like a Gulfstream or Global Express a conformity check to Europe is needed to obtain by perform a flight Over the Atlantic Authority as well.(USA to UK and Back).

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Description

The company is in good standing and Fully Operational.

  • Established in Sept 1998; – 23-Year-old Company.
  • There are no judgments, violations, conflicts, or hidden liabilities.
  • Includes the foreign licenses, permits, certificates, approvals.
  • No outstanding environmental issues.
  • Experienced management team available for transition.
  • No monetary or other encumbrances; and,
  • All manuals are FAR and FAA Order 8900.1 compliant.
  • Company Training Provided.

THE PURCHASE INCLUDE THE FOLLOWING
A) 3 X FAIRCHILD SWEARINGEN METROLINER Fairchild SA227-AC Metro Liner AIRCRAFT IN CARGO CONFIGURATION
B) CURRENT FLIGHT CREWS AVAILABLE
C) CURRENT MANAGEMENT WILL STAY FOR TRANSITION
D) EXISTING BOOK OF BUSINESS and SOME GROUND SUPPORT EQUIPMENT AVAILABLE

Assets
A) FAIRCHILD SWEARINGEN METROLINER 1989 Fairchild SA227-AC Metro Liner Tail Number N746KA S/N AC746B in CARGO configuration
B) FAIRCHILD SWEARINGEN METROLINER 1989 Fairchild SA227-AC Metro Liner Tail Number N649KA S/N AC649 in CARGO configuration
C) FAIRCHILD SWEARINGEN METROLINER 1986 Fairchild SA227-AC Metro Liner Tail Number N652KA S/N AC652B in CARGO configuration
D) FAIRCHILD SWEARINGEN METROLINER TOOLS AND SPARE PARTS INVENTORY LOCATED IN SMYRNA TN $500,000

Location/Base: KCDC.
Founded 1998/Certificate.
Salt Lake City, UT FSDO.
Jeff Obering/Seller/Pilot/Dir. Of Operation

Location:
943 S. Main St. Suite #6
Cedar City, Utah 84720
Work: 435-531-3062

Part 135: Certificate #K51A581. Utah LLC Entity/Staff/Business: $3.495m USD:
($1.750m for 135 Certificate, staff, active charters, customer database, $100k/net monthly NOI)
Prior DO85: (1) Lear Jet 55, (1) Gulfstream IV, (1) Gulfstream IV SP, and (3) Metro cargo aircraft.
Current DO85: Metro III’s: N746KA and N649KA.
Customer database of charter clients and years worth of revenue business to hand over to the new owner.
+$100k/net monthly income built up after Covid/2020. Post Covid Cash flow in 2021-2022 up to present shows numbers between $100-550K Monthly.
Director Operations: Seller/Owner: Jeff Sobering. Salary to be determined.
Chief Pilot: Salary to be determined.
Dir. of Maintenance: Salary to be determined.

LIST OF AIRCRAFT/VALUATION: $2,540,000.00 USD.
MetroLiner – All Cargo Configured. (No engine programs).
N746KA. Metroliner IIIB. $895,000.
N649KA. Metroliner III. $895,000.
N652KA. Metroliner IIIB. $250,000 This aircraft was damaged by UPS truck/currently getting $250,000 repairs.
Spare Parts/Tooling/Overhauled Engines $500,000. (Smyrna, TN location).

LIST OF AIRCRAFT/VALUATION: $3,140,000.00 USD.
MetroLiner – All Cargo Configured. (No engine programs).
N746KA. Metroliner IIIB. $895,000.
N649KA. Metroliner III. $895,000.
N652KA. Metroliner IIIB. $250,000 Sold in AS is Where is Condition.
Full Reactivation Cost will be aditional $600,000 for an RTS Condition Aircraft with both fresh OH engines.
Spare Parts/Tooling $500,000. (Smyrna, TN location).

LIST OF VEHICLES OWNED: $50k:
SMYRNA TN – CREW CARS.
2005 FORD F150.
2001 CHRYSLER CROWN VICTORIA VAN.
2005 FORD EQUINOX.
2004 FORD F150.

LAREDO TX – CREW CARS:
2001 CHEVY BLAZER.
2001 CHRYSLER VAN.

LEASED CONDOS/CREW QUARTERS/HANGAR:
Smyrna TN Crew Quarters (Year to Year lease).
1032 George Buchannan Dr $1500 per month plus utilities.
1056 George Buchannan Dr $1500 per month plus utilities.
Hanger $7000 Per month includes utilities.
Laredo TX Crew Quarters Condo (Year to year lease).
Laredo TX Airport $1500 per month plus utilities.