How To Buy Operate A Plane Ride Away

The Deal

Key Takeaways

• 1UK debt markets differ significantly from US SBA lending with higher rates, shorter terms (5-6 years vs 10 years), and lower leverage capacity requiring more equity and seller financing
• 2UK commercial brokers operate on retainer models rather than success fees, inflating seller expectations and creating misaligned valuations; corporate finance intermediaries are more effective deal sources
• 3Successful remote acquisition requires founder presence on-site during weekdays despite geographic separation; attempting to operate fully remotely is suboptimal and unfair to legacy owners continuing to work hard
• 4Building relationships with corporate finance intermediaries and developing a podcast platform in the niche creates deal flow and investor networks faster than cold outreach alone
• 5A well-run business with solid economics and good people provides ideal platform for adding operational improvements like digital workflows, financial controls, and strategic expansion without requiring turnaround work

Matched SBA Loan Records

SBA loan filings we matched to this deal