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Heating Oil Dealer - Mid - Coast Maine
Location: United States -> Maine -> Mid - Coast
Industry: Wholesale and Distribution > Wholesale and Distribution

Business Summary

This business is SBA Pre-Qualified

This is a long-established heating oil dealer serving Mid-Coast Maine with oil deliveries and burner/boiler installation, maintenance and repair services. It's located directly on a major state highway for high visibility and easy access to customers all across the Mid-Coast area.

Delivering between 730,000 and 750,000 gallons per year to both residential and commercial customers, this is a solid, profitable business that is poised for growth.

Real Estate is available for purchase based on appraisal. Estimate $300,000. The business is located in a converted house. It's possible to convert the second floor into living quarters. The seller stores no oil on site, eliminating EPA worries over spills and leaks and reducing the cost of carrying inventory. there are two outbuildings used for storage of repair parts.

The company has never sold propane, which is major heating fuel source in Maine. Add propane sales for an additional revenue stream. Another local dealer stated that his business is 80% propane, 20% oil. Seller is constantly turns additional business away due to lack of capacity. Seller states that by recruiting addtional drivers he could nearly double the business.


Asking Price Range:  $250K - $500K
Gross Revenues:   $1,645,594
Cash Flow:   $283,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2009
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 assist
Reason For Selling:  Retirement


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Heating Oil Dealer - Mid - Coast Maine Photo 1

Print Listing Id: 700361472
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