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Businesses for Sale

Very Nice Propane Marketer-Distrib For Sale Over 1 MM Gallons

This very clean and well managed propane marketer/distributorship sells over one million gallons per year; very modern fleet of Bobtail trucks (4) and approx 3,000 +/- tanks; company owns over 97% of their tanks; Customer mix is 65% Residential, 33% Commercial, 2% Cylinders & Retail. This is a high margin operation having an average "profit" per gallon sold of over $ 1.00 per gallon for last 3 years; 90% of customers are within 35 mile radius; Only one other small local competitor in their market. Very strong management team, including a General Manager who runs the daily operations; Company provides a very high level of service and has exceptional safety protocols/requirements in place. Company has two (2) Bulk plants, each approx 20 miles apart; lots of growth opportunity; NO OUTBOUND sales or marketing is done (all customers come by way of referrals or off yellow page advertisement); company has been growing nicely over past few years, without much effort. Location is in Southeast (Carolinas); can be more specific after a CA is executed. Please no brokers or buy side agreement situations; Principals only need respond. Reed Law

Please refer to listing ID: Propane3

Industry:  Wholesale and Distribution
Industry Segment:  Wholesale and Distributors
Geography:  United States > North Carolina
Asking Price:  $3,300,000
Gross Revenue:  $2,800,000
Cash Flow:  $422,000
Value of Inventory:  $1,000,000
Value of Equipment:  $1,300,000 (Included in Asking Price)
Value of Real Estate:  $1,000,000
Year Established:  1990
Mgmt. Training/Support:  Strong General Mgr in place runs the day to day operations; owner will do transition if desired, but is not necessary to success of business
Facilities:  Very nice facility on main road, with excellent visibility
Market Outlook/Competition:  Excellent; company has been growing nicely with NO sales/marketing; limited competition
Name:  Reed Law
Email:  reed@southeastbusinessexchange.com
Phone:  704-966-1499

 

 

SOUTHEAST BUSINESS EXCHANGE
and subsidiary AMBULANCE DEALS STAT

9605 Caldwell Commons Circle, Suite A | Cornelius, NC 28031
Phone: 704-439-2510 | Fax: 704-439-2511

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