| Asking Price |
$1,650,000 | Inventory |
$150,000** |
|---|---|---|---|
| Gross Income |
$7,156,000 | Real Estate |
$645,000* |
| Cash Flow |
$325,586 | Year Established | 1932 |
| FF&E |
$275,000* | Employees | 10 - 14 |
* included in the asking price
** not included in the asking price
This full service Petroleum Products Distributor w/ a 5-truck Service Department that sells, installs and services all types of HVAC systems is prime for an aggressive marketing oriented entrepreneur. It currently distributes Fuel Oil, Kerosene, Gasoline and Low Sulfur Diesel Fuel, servicing the residential, agricultural, industrial and institutional community in Southeastern Pennsylvania. The present owners are beyond retirement age and do not have the motivation to aggressively grow their debt-free company. The modern facility has had a clean Phase I Environmental inspection in 2006. The loyal, experienced and dedicated team of employees can provide the needed support to grow the business and the well maintained equipment (storage facility, transport trailers, delivery trucks and service trucks) will enable the continued high quality customer service and delivery of petroleum products and HVAC systems at profitable and competitive prices. The bulk plant facility has a retail gasoline and diesel fuel pump island which is operated on a card system. Included in the sale price is an adjoining, rented, 2-unit apartment building of which some of the grounds are used for company parking. The new owner may wish to consider using the apartments for additional office sales or support staff. The Company has built a solid reputation for selling quality products at competitive prices and providing excellent service. The existing cash flow will offer a 20% return on the asking price. THIS IS A VERY CONFIDENTIAL OFFERING. Detailed financial information and Company disclosure will not be released without Buyer's completion of the required information.
Facilities: Modern 4,500 sq ft Office and Bulk Plant facility, with 44,000 gallon underground product storage and a 2-unit Apartment building on two parcels of land comprising approx. 1.25 acres. All storage tanks are monitored by a Leak Detect System. The property had a clean Phase I Environmental study in 2006. Business is complete 2 Transport Tractors & Trailers, 4 Delivery Trucks & 5 Equipped Service Vans.
Competition: Five service trucks provide sales, installation, and service of all types of HVAC Systems. The 10 to 14 (seasonally variable)knowledgeable, dedicated employees with tenure of 7 to 30 years provide continued reliable, high quality service. The bulk plant storage facility and transport tankers enable the company to take advantage of buying opportunities and provide approx 3 million gallons of competitively priced product to its some 3,000 customer base.
Growth/Expansion: The past-retirement age owners have not been motivated to adopt a marketing campaign for their debt-free company which has none-the-less, continued to enjoy growth and profitability. The company's experienced service techs sell, install and service all types of HVAC systems. The company does not currently handle propane gas or bio-fuels which could be added to its product availability. Additional opportunities exist for the sales of HVAC Service Plans and pre-heating season, rate-lock Plans.
Financing: Buyer To Procure Financing.
Support/Training: Seller will provide a reasonable on-site training/ transition assistance period as part of the purchase price.
Reason Selling: Owners/Sellers desire to retire .

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