Aircraft Detailing Services #65047

The Company specializes as a full-service provider of aviation detailing and cleaning services. The Company offers wet wash detail, turnaround services, full exterior dry wash, full interior detail, carpet and fabric care, paint polish and sealant applications, as well as other related solutions. Due to its broad in-house capabilities, the team at the Company is committed to providing the best and most cost-effective aviation detailing services to its customers. Location: Texas Year Established: 1993 Number of Employees: 21 Real Estate: Leased Building Sq. Ft.: 2,500 Rent: $12,000.00 Per Month Facilities: The facility comprises 2,500 square feet that is utilized for office and storage purposes. The facility is leased from a third-party at fair market rates. The Company can accommodate higher revenues without major facility improvements or capital equipment expenditures. Market Outlook/ Competition: • Historical Revenue Growth: The Company's revenue increased from $1.1 million in 2018 to nearly $1.5 million in 2020, a historical compound annual growth rate (CAGR) of 14.4%. • Improving Profitability: During the historical 2018 through 2020 period, the Company’s adjusted EBITDA, a key indicator of financial performance, increased from $130,000 (11.6% of sales) to $212,000 (14.5% of sales). In 2021, the Company's EBITDA is expected to reach $219,000 (14.6% of sales). • High Customer Retention Rate: Due to the Company’s reputation, long-term presence in the industry, and broad in-house capabilities, the Company’s account retention exceeds 95%. • Focus on Innovation: The Company consistently focuses on innovation and customer-driven solutions. The Company is well-regarded for its responsiveness to customer needs, which has resulted in customers turning to it with new ongoing opportunities. Growth & Expansion: *Hire Additional Employees *Develop Sales/Marketing *Geographic Expansion