Michael Girdley (@Girdley) and Bill D’Alessandro talk about an aircraft service center and flight training school. Why are we SO excited about hobbyists as a customer base? What is needed to succeed in this business? The business has some exciting numbers for anybody interested in a lifestyle-type business in this space. Company:   Aircraft Service Center and Flight Training School, $2.5M list priceLocation:   New JerseyStated Financials:   Annual Revenue $ 2,322,000Asking Price:   $ 2,450,000-----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(00:00) - Introduction(00:41) - Our Sponsor is CloudBookkeeping.com(02:08) - Is Bill finally okay after his anger from the last episode?(04:13) - Deal & financials: Aircraft Service Center and Flight Training School(07:31) - What pieces of information are worth noting?(11:23) - Why do you need to love the line of business for this deal?(12:56) - Buyer-business fit: The owner has been in the aircraft business for decades(16:21) - Why do they have a gravy train as a marketing funnel?(16:47) - What is so particular about intense hobbyists as a customer base?(19:51) - What do we forecast for this industry’s future?(21:15) - Why is this such a fantastic lifestyle business?-----Additional episodes you might enjoy:#162 - Cleaning up crime scenes for big money! #161 - How to spot red flags in eCommerce listings?#160 - Should we buy this drag strip... for the land?#159 - Make Millions Moving Dirt in Michigan#158 - $1.2mm revenue Court Maintenance Company for Sale!#157 - Make a $1mm/yr with a Language School Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.