Investment opportunity

Available from December 1st, 2017


Freehold Business asking price: circa £29,000

Simulator asset: circa £14,000

Offer deadline: November 16th, 2017.


What set out to be a one-year project ended up being so successful that Icarus Simulation has grown from strength to strength over the two and a half years of operation. 

Should you be interested in either the business as a whole or just the simulator, then by all means get in touch to arrange a chat or visit.

 

Designed by a commercial pilot and flight instructor, sourcing parts from across Europe, this is a truly unique simulator which provides exceptional realism and immersive training.

Able to offer practice for PPL, IMC and IR pilots, this is an ideal asset for a flying school looking for a weather-independent revenue stream or an established simulator centre looking for a dual control SEP simulator. Alternatively it can be run (as it is currently) as a stand-alone facility that (on just a part time basis) generates an average annual turnover of £39,000 / year with negligible running costs.

Our 20-hour course has been exceptionally popular (condensing all the CPL practical training into a thoroughly enjoyable and intensive series of lessons) and has been recognised by the Duke of Edinburgh's Award to deliver their Bronze Skills Award.


Key Features

  • Offers Invited
  • Established Business
  • Attractive Business
  • Small Business
  • With Car Park
  • Free of Tie Leasehold
  • Company for Sale
  • Fully Fitted
  • Unique Business

Commercial Model

  • Set up to run easily by a single person
  • Experience lessons 30 minutes to 2 hours
  • Five progressive, structured pilot training courses
  • Duke of Edinburgh’s Award – Bronze Skills Award (20 hours) - Just received AAP Approval for full partnership!
  • PPL supplementary training lessons
  • Opens 4 / 7 days - with capacity to open 7 days.
  • Hourly rates up to £79
  • Proven to have interest for all ages and abilities, with exceptional 5-Star public response (Facebook and TripAdvisor)
  • Different gift voucher sites are keen to work with the business (Wowcher / Intotheblue / Groupon etc)
  • Potential for CAA/EASA accreditation for 5 hours towards a PPL

Technical Specification

  • Fully immersive enclosed shell replicating the inside of a light aircraft
  • Dual Control
  • Single and Multi-engine
  • DUO Instrument panel, yoks and pedals from VirtualFly, Barcelona
  • Simulator PC includes GTX1050 3HDMI out graphics card
  • 3 60-inch HD LED TVs
  • 140-degree visuals
  • Multi-engine throttle quadrant
  • Integrated sound
  • Seats: 2 + 2 spectators
  • External ATC / instructor station to control weather and aircraft failures.

Business Links

  • Active association with and members of:
    • North East England Chamber of Commerce
    • Federation of Small Businesses
    • Durham Business
    • Wingly
       
 

Ideal for

  • Simulator enthusiast groups
  • Current / retired commercial pilots
  • F.I. looking to run their own (weather independent) business
  • Flying schools
  • EARLY PURCHASE AVAILABLE TO MAKE THE MOST OF CHRISTMAS SALES

Following Purchase (Optional)

  • Simulator function training
  • Course and experience delivery training can be provided.

Facility

  • Location: Langley Park Durham – may be transported to a new venue
  • Reception area
  • Spectator lounge with viewing screens
  • Multimedia teaching classroom area with LED projector
  • W/C
  • Separate simulator room
  • Built into an industrial unit, customised and furnished bespoke for the operation.
  • Mobile Card payment terminal for sales on the move.

Course Materials included in the purchase

  • 5 Detailed bespoke progressive course books with textbooks written in house by a commercial pilot and flight instructor
  • Training materials


Internet Presence

  • Comprehensive, fully customisable website (.com & .co.uk domains)
  • Integrated online purchasing and customer booking system.
  • Active social media accounts (Facebook, Twitter, Instagram and LinkedIn.)
  • 150+ Social media and TripAdvisor customer reviews at 5*
  • Large, established customer database and integrated email marketing

Community Links

  • Age Concern
  • Cubs & Scouts
  • Duke of Edinburgh’s Award Approved Partner
  • Christmas Sleigh Experiences ages 4 to 12
  • Sponsor of Local School Football team

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