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Propane Distribution Company - Texas
| Asking Price: | $1,300,000 | Inventory: | $20,000 ++ |
| Gross Revenue: | $77,000 (comments below) | Real Estate: | $500,000 ++ |
| Cash Flow: | $300,714 (comments below) | FF&E: | $66,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2009 YTD | |||
| Cash Flow Comments: Seller's Discretionary Earnings (SDE) is EBITDA plus all seller compensation and prequests. | |||
* Steady but increasing residential customer base provides foundation for growth in business lines. * Experienced delivery team in place. * Demographics of region support continued growth. * Company has prospered in this market for over 20 years. * Dynamics of market provide for additional growth opportunities. * Great reputation for service and safety. * Current equipment and facilities. * 3 Service Bobtail Trucks plus one spare. * Approximately 1500 customers.
About the Business
Year Established:1979
Employees:3 full time - 3 part time
Relocatable:Yes
Facilities:Office warehouse with approximately 1700 sq office and the balance is the warehouse with 4 - 20 ft. doors. In addition, there is an attached covered storage and two small outbuildings.
Market Outlook and Competition:Steady growth in existing business lines/light competition/good opportunity to expand into additional lines.
About the Sale
Management Training and Support:The current owner is willing to train the new owner.
Reason For Selling:Retirement
Seller Financing:At seller option up to 10% of purchase price. Note on Value of Real Estate - based on comps - $500K minimum
KEYWORDS: Propane Distribution - Retail
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State: Texas
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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