Murphy Aircraft for Sale
January 10, 2014 - Murphy Aircraft Manufacturing Ltd. of Chilliwack, British Columbia, is on the market, according to company founder and President Darryl Murphy, who started the company in 1985. Asking price is in the $2.5 million to $4 million dollar range depending on how much of the manufacturing machinery the buyer wants, according to a statement announcing the sale this week.
"After 30 enjoyable years running Murphy Aircraft Mfg. Ltd., I am approaching retirement, with the desire to spend more time with family and pursue other interests," Murphy said. "To that end, I find myself in the position of wanting to sell Murphy Aircraft Mfg. Ltd."
The package includes all eight aircraft models and three sizes of straight and amphibious floats, existing inventory, and quick-build jigs for the Renegade and Moose. "With strong signs of economic recovery in North America, the time is right for someone else to take over," Murphy said.
Murphy has sold nearly 2,000 kits all over the world, led by the Renegade and Moose models, which are known for being capable, roomy bush aircraft with high useful loads.
Murphy Aircraft will continue to supply new kits and service parts throughout the changeover to new ownership and anticipated expansion. Patterson AeroSales, which handles all Murphy kit sales and marketing, will continue to accept and process orders for delivery positions now and throughout the expected year-long transition to new ownership.
Interested parties should contact Murphy at email@example.com.