Flying Club membership for sale-KMKC

[Flyingfanatic]

A friend is selling his membership in Cloud One Flying club at Kansas City Downtown airport.

The club has 18 members and owns a 1976 C-172 and a 1968 Piper Arrow. Both aircraft are in very good condition and are IFR.

The club is well run with solid financials. Monthly dues are $150 and dry rental rates are $45 for the 172 and $55 for the Arrow off of Tach time, not Hobbs.

I used to belong to the club, but sold my share when my wife returned to school. I still flight instructor for the club and can attest to the quality of it.

He is asking $4500 for his share which is reasonable.

PM me for more info.

 

[labbadabba]

Yep, saw this on CL a couple months ago:
https://www.pilotsofamerica.com/community/threads/cloud-one-spot-open-in-kc-4-500.97237/

I'm strongly considering it. His asking price is about half of the current buy-in if I recall.

 

[Flyingfanatic]

It may be a different seller. He just let me know he was selling. It's a great club.

 

[bigD1031]

I would be all over that if it was closer....don't come by deals like this at my home airport.


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[eman1200]

What does the $2700/month cover? I'm just asking to learn more about clubs and whatnot. Thx.

 

[Dave Theisen]

What does the $2700/month cover? I'm just asking to learn more about clubs and whatnot. Thx.

Hookers and blow, of course!

 

[eman1200]

Hookers and blow, of course!

My kinda club fo sho.

 

[Flyingfanatic]

It covers insurance, hangar rent, I believe annual and they do 100 hours as well. In addition, some of that goes into an upgrade fund. Oil changes and airplane cleaning as well. I may be missing something too.