Describe your business

Our platform and mobile web app allows customers to view quotes instantly for helicopter 🚁 & jet 🛩️ charter flights. Users can enter any address and are presented with a series of quotes for different aircraft. The system calculates the optimal operator for each type of aircraft based on the user’s departure and return points. Our algorithm accounts for the many complexities and edge cases encountered in quoting for charter flights. Once booking is confirmed, the customer pays FLYT and we forward payment to the operator minus our commission (typically 15%). $8K average order value, $8k monthly average revenues.

Why are you selling the business?

We are looking for a buyer or operational partner to acquire a majority stake. The founder would be happy to continue playing a hands-on role if a buyer wanted to keep the team in place.

What is included in the sale?

Technology platform, brand, trademarks, marketing materials, social media accounts, customer list, domain.

What is the technological stack?

linux, nginx, nodejs, expressjs, angular, html, css (sass), apache, redis, mysql, php (Laravel)

What actions are required to keep the business working?

When a flight is confirmed you need to send invoice to the client, pay booking amount to the operator (minus our commission), send booking confirmation to client (where to meet the pilot etc). We have onboarded operators onto the platform mainly in the UK and Europe site but if you will want to collaborate with new ones you can add them through the portal.

How does your business make money?

Commissions on bookings (typically 15%).

What marketing initiatives have been used for this business? Google Adwords Marketing, Organic SEO, Referrals

How can the future owner improve this business?

I believe it is possible to get to $2m in revenues in 2023 (around 250 charters) with a bit of effort in digital marketing and it is possible to reach $25M in GMV bookings in 5 years.