I'm doing a little day dreaming and I was wondering if anyone would have a clue as to what would be required to own and operate a small airport?
I'm talking about a small GA, non-control towered, airport.
As a business, what sort of costs are involved and what sort of income can be expected.
I figure insurance must be expensive but not a clue as to how much.
General maintenance and upkeep would also add to the bills.
Property taxes are probably up there.
Tie downs and hangar fees would bring a monthly income to pay the loan.
Fuel service and leasing of a A&P facility would bring in some income as well.
Open up a place to eat and it could draw the hundred dollar hamburger crowd on the weekends.
What other ways do they draw income?
I realize it probably would not make anyone wealthy especially in this day and age of a shrinking GA market place.
It just seems like something I would love to do since I love being around airports and planes.
Anyone have any clues on this sort of stuff?
I'm talking about a small GA, non-control towered, airport.
As a business, what sort of costs are involved and what sort of income can be expected.
I figure insurance must be expensive but not a clue as to how much.
General maintenance and upkeep would also add to the bills.
Property taxes are probably up there.
Tie downs and hangar fees would bring a monthly income to pay the loan.
Fuel service and leasing of a A&P facility would bring in some income as well.
Open up a place to eat and it could draw the hundred dollar hamburger crowd on the weekends.
What other ways do they draw income?
I realize it probably would not make anyone wealthy especially in this day and age of a shrinking GA market place.
It just seems like something I would love to do since I love being around airports and planes.
Anyone have any clues on this sort of stuff?