Ever want to own an aircraft company? Revo Inc. just might be your opportunity now that they’ve placed the assets of Kissimmee Florida-based Lake Aircraft up for sale. Lake Aircraft has been building single-engine amphibious aircraft in the U.S. since the late 1950s, with more than 1,300 aircraft flying in over 50 countries.
Lake Aircraft Assets Up For Sale
Key Takeaways:
- Revo Inc. is selling all assets of Lake Aircraft, a manufacturer of single-engine amphibious planes since the late 1950s with over 1,300 aircraft flying, as its 84-year-old owner, Armand Rivard, seeks to retire.
- The sale package includes all intellectual property, manufacturing equipment, and the FAA Type Certificate for the Lake Renegade, Seafury, and Seawolf models, offering a complete setup to restart production.
- Rivard, who historically relied on word-of-mouth for sales, prefers a domestic buyer due to past difficulties and failed deals with foreign investors, including issues related to capital restrictions and intellectual property concerns.
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