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Old 05-11-2015, 08:06 PM   #1  
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Default Opening up a flight school vs buying one?

Hey everyone,

So currently in a situation where a private investor is interested in either buying a flight school or opening up one. Just wanted to know if anyone had any background in this and what would be easier, money isn't a big deal and also how would we go about doing this? Yes we are both pilots.

Thanks.
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Old 05-12-2015, 05:08 AM   #2  
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If they are an investor, money is always a big deal. The amount may not be, but the price you pay for assets/business better be. Every business is for sale at a high enough price.
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Old 05-12-2015, 07:08 AM   #3  
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Buying the right flight school would probably be the easier route.
Assuming that you are going the part 141 route, the schools 141 certificate would already be in place saving you time and money. A school with current students would allow you a soft start while reorganizing the company to your liking. Advertising should be easier if people already know of you.

That said, it's a tough business which many people have lost money on before you.
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Old 05-17-2015, 03:55 PM   #4  
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Quote:
Originally Posted by Flyhayes View Post
Buying the right flight school would probably be the easier route.
Assuming that you are going the part 141 route, the schools 141 certificate would already be in place saving you time and money. A school with current students would allow you a soft start while reorganizing the company to your liking. Advertising should be easier if people already know of you.

That said, it's a tough business which many people have lost money on before you.
That may be so but if you look back at all the flight schools that used to be around say 15 years ago are all gone. It's very hard to make money in flight schools. Some do make it but most don't
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