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60 Year Established Heating / Fuel Oil Supplier For Sale
Location: United States -> New Jersey
Industry: Retail > Other Retail




Business Summary

This 60 year old well established fuel and heating oil distributor provide the full range of services including home oil delivery, home furnace repair and installation, bulk delivery and commercial fuel supply for contractors. An onsite propane bullet provides propane storage for refilling propane tanks. The one acre site is near major highways including interstate and major county roads but is buffered from local traffic. A repeat customer base of 850 accounts provides consistent sales along with word of mouth sales since the company has been in business for over half of century. The bulk storage capacity of 75,000 gallons of petroleum products (Five 15,000 gallon tanks) allows for competitive bulk purchases from the refinery. Propane sales help offset the heating oil sales swing since the propane sales generally peak during summer when the heating oil are at the lowest. Onsite Diesel and Kerosene storage of 12,000 gallons is needed to sell to commercial clients that balance out the residential customer base.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,200,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1948
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will train buyer
Reason For Selling:  retirement

Photos

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60 Year Established Heating / Fuel Oil Supplier For Sale Photo 1




Print Listing Id: 700155838
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Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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