Petroleum Wholesale & Gas Retail
Location:
United States
->
New Mexico
Industry: Retail > Other Retail
Business Summary
This business was established in January of 1930 by the original founder Roy E. Pogue; it has since been under the supervision of the current proprietor since 1985. The present owner began his career with this company in 1955, has moved to management, and the rest is history. This business specializes in petroleum wholesale and gas retail. It runs 2 trucks for distribution when the season permits, and only one during colder weather. All transportation takes place out of the base located in this town. The company works mainly with 2 larger companies, Conoco Phillips and Sinclair Oil Co. This business has experienced several increases in surrounding counties for distribution including: Union, Harding, and Cofax counties. There is presently 1 full service station at the Sinclair location, 1 wholesale facility offering bulk gas and diesel, and card stop with unleaded and highway diesel gasoline. Contact for more information on this Petroleum Wholesale & Gas Retail business for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$3,527,110
Cash Flow:
$440,384
Cash Flow Type: EBITDA
Seller Financing: No
About The Business
Year Established: 1930
Number of Employees: 6 - 9
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Not Applicable
About The Sale
Management Training and Support: It is negotiable as to how long the current owner. Reason For Selling: The owner wishes to pursue retirement at this time
Click on the "I'm Interested" button above for more information on this Retail > Other Retail business for sale.
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Print Listing Id: 70032490
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