Sell Your Part 145 MRO with Brookfield Aviation Finance
Running a successful Part 145 MRO operation is a remarkable achievement, showcasing your expertise and dedication to the aviation industry. However, when it comes to selling your business, the process can be complex and filled with potential pitfalls. Misjudgements or a lack of understanding can lead to missed opportunities and wasted time.
At Brookfield Aviation Finance, we specialise in facilitating the sale of aviation businesses, including MRO Part 145 setups. We understand the intricacies of this niche market and have established robust relationships with a diverse range of buyers, including airlines, MROs, aviation holdings, and private equity firms worldwide. Our goal is to help you navigate the selling process smoothly and efficiently.
To help you get started, we've outlined 7 crucial steps to prepare for selling your Part 145 MRO:
1. Rationale for Selling Your Aviation Company
Selling an aviation business is driven by factors like retirement, health, partnership disputes, or seeking new challenges. Enhancing profitability and income consistency and securing long-term contracts boost appeal.
2. Optimising Sale Timing
Prepare early for your business sale, ideally 1-2 years ahead, to enhance financial records, structure, and profitability and ensure a smooth buyer transition and successful transaction.
3. Business Valuation
Accurate valuation is crucial. Hire a professional appraiser to assess your aviation business's worth, ensuring market-aligned pricing and adding credibility to your asking price.
If you need an independent view for your company valuation, contact our financial expert, Ms Anna Tran, at anna@brookfieldav.com
4. Engaging a Business Broker
Hiring a business broker ensures confidentiality, attracts diverse buyers, maximises sale price, and allows you to focus on operations. Effective communication with the broker is crucial.
Visit Brookfield Aviation Finance if you're looking for a professional to help you sell or purchase your aviation company. Let us help you make more informed decisions.
5. Documentation Preparation
Compile company presentation, three years' financials, equipment inventory, sales and supplier contacts. Ensure up-to-date leases, certificates, contracts, operating and training manuals, and address repairs.
Our Brookfield Aviation Finance team can assist you quickly as you require expert assistance to produce the corporate presentation or pitch deck. Allow us to help you with this process.
6. Finding the Right Buyer
Locate ideal buyers by casting a wide net. Engage with multiple prospects, maintain communication, ensure financial qualification, and secure confidentiality with non-disclosure agreements. Document all agreements to expedite the sale and have backups if primary deals falter.
7. Managing the Proceeds
After your business sale, manage the proceeds prudently by:
Avoiding immediate spending.
Developing a financial plan considering tax implications.
Consulting a financial advisor for strategic investments, debt reduction, and retirement savings, ensuring long-term benefits.
Exercising patience before allocating profits.
If you are considering selling your Part 145 MRO, let's schedule a call to discuss the most reasonable next steps. Our extensive network of buyers is actively seeking profitable Part 145 MROs to acquire. By leveraging our expertise and connections, we can position your business to attract the right buyers and achieve the best possible outcome.
For the latest updates and insights, please visit our website, Brookfield Aviation Finance. We look forward to assisting you in achieving your business goals.
Comments