Distribution of Oil & Gas Products
Seller Financing Available
Asking Price:   $3,700,000Inventory:   $80,000 **
Gross Revenue:   $52,000,000 (comments below)Real Estate:   $350,000 ++
Cash Flow:   $714,000 (comments below)FF&E:   $800,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Average of last 3 years
Cash Flow Comments: Average of last 3 years
A well established distribution company of gasoline and diesal fuels and related procucts. In continuous operation since 1978. The company operates throughout Northeast and East Texas delivering oil, gasoline, diesal, and related products to service stations, convenience stores, truck stops, and other large users of its products such as school districts, state and city governments, automobile and truck dealers, and large farms and ranches.
About the Business
Year Established:1978
Employees:7 full time - 1 part time
Relocatable:Yes
Facilities:two separate facilities in separate towns, one for headquarters and one for shipment activities. The company owns 4 large tanker trucks.
Market Outlook and Competition:The outlook is strong and is expected to remain so for many years. Company has a strong reputation and competes at a high level
About the Sale
Management Training and Support:Seller will provide training and support for 60 days at no cost and thereafter for $6000 per month for a total of 1 year. Present staff has substantial tenure and expects to remain with company
Reason For Selling:Owner wishes to retire.
Seller Financing:Seller will provide financing for a well qualified buyer who has adequate capital and self worth.

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Business Listed By
Charles S. Turner
Creekspan Enterprises, Inc.
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