A group of ex bombardier execs put together a company that will find a suitable airframe and convert it into a business jet. They look at around 20,000 hour airframes under 10 years old. Next a company called flying colour's in Canada will gut the interior and avionics to update the aircraft. While this work is going on, an STC'd fuel tank is installed and they guarantee all this to happen in 8-10 months depending on the package you select. Avery new niche market. Heres a link....
http://jets.ru/monitoring/2008/01/22/business_jet