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Elmucki Selling off a SoCal network
Posted: Sun Sep 27, 2015 3:10 pm
by theluckyone17
Just in case y'all missed it... Elmucki just announced he's taking offers on his SoCal FBO network:
http://www.fseconomy.net/forum/mp-fbo/2 ... al-network
Anyone have 7+ million sitting around?
Re: Elmucki Selling off a SoCal network
Posted: Sun Sep 27, 2015 3:15 pm
by Rick Stratman
theluckyone17 wrote:
Anyone have 7+ million sitting around?
Sorry that much is in my other pants, that I lost
Well this network has now been sold a few times, I am sure it is a lot to keep up with!
Re: Elmucki Selling off a SoCal network
Posted: Sun Sep 27, 2015 7:45 pm
by wmburns
Wow. I can't begin to recall all of the times I have flown to some of those locations while ferrying FSE PAX.
I'm assuming that Elmucki isn't a PE member. Is this an PE group opportunity in the making?
As an individual I having a hard time wrapping my head around just how much flying someone has to do to keep a network of that size up. I wonder what the FBO generated cash flow really is.
Re: Elmucki Selling off a SoCal network
Posted: Sun Sep 27, 2015 7:55 pm
by stealthbob
wmburns wrote:
As an individual I having a hard time wrapping my head around just how much flying someone has to do to keep a network of that size up. I wonder what the FBO generated cash flow really is.
Exactly, I am happy to have the opportunity the "play" with two FBO's.
I operate Stealthworks Flight Services and fly monthly cargo flights to keep the two sites stocked. This seems like another whole job to me...just don't know where the time comes to support these extensive FBO operations?