70+ Yr Petroleum Equipment Distributor ND

Asking Price$1,000,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$200,000
Not included in asking price
FF&E$250,000
Included in asking price
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70+ Yr Petroleum Equipment Distributor ND


Asking Price$1,000,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$200,000
Not included in asking price
FF&E$250,000
Included in asking price
Business Description
Established in 1947, this profitable petroleum equipment distribution and service business has served North Dakota's energy and agriculture sectors for nearly 80 years. As an authorized distributor for leading brands (Wayne, Franklin, Xerxes, Morrison Bros, VeriFone, and more), the company specializes in sales, installation, maintenance, and 24/7 emergency repairs of refined fuel storage and dispensing systems.
Core services include:

Regulatory compliance testing, inspections, and preventative maintenance programs
Installation of underground/aboveground tanks, pumps, monitoring systems, POS solutions, lighting, and lubrication equipment
Emergency onsite repairs to minimize downtime

The loyal customer base spans service stations, truck stops, commercial fueling sites, bulk plants, agriculture, trucking, and oil production across central North Dakota and into neighboring states. Strong barriers to entry exist through long-held vendor authorizations, technical certifications, and a decades-built reputation for reliability and personalized service.
Financially solid with consistent multi-million-dollar revenue and healthy cash flow, the business operates from a leased commercial facility (shop/warehouse) with option for continued lease or separate purchase. Sale includes approximately $200,000 in parts inventory, service vehicles, shop tools, diagnostic equipment, and office furnishings—everything needed for turnkey operation.
The market remains stable, driven by ongoing demand in oil and agriculture. Growth opportunities include expanding preventative maintenance contracts, pursuing larger projects in the Bakken region, adding advanced monitoring/cross-sales, and extending territory.
Current owner—a former long-term employee who acquired the company—is selling to prioritize family time as children grow independent and to pursue retirement after dedicated leadership. Seller will provide extensive transition support, including 3-6 months hands-on training, vendor/customer introductions, and consultation as needed for seamless handover.
Ideal for an owner-operator, strategic buyer in distribution/construction/energy services, or regional player seeking bolt-on acquisition. Serious principals only—confidential inquiry required.
Business Highlights (for the assistant field—separate, comma-listed)
Legacy 79-year operation, Profitable with recurring service revenue, Authorized distributor for top brands, 24/7 emergency service capability, Includes inventory and equipment, Seller training and transition support, Stable energy/agriculture market, Growth potential in Bakken region, Retirement-motivated seller
About the Business
Years in Operation
79
Employees
10 (5 Full-time, 2 Part-time, 3 Contractors)
Seasonal Employees for summer construction season
Facilities & Assets
Includes service vehicles, shop tools, diagnostic equipment, parts inventory (~$200K est.), office furnishings, and established vendor accounts. Operations in leased commercial facility (shop/warehouse) with continued lease available. No real estate included in sale. Turnkey with all assets needed for ongoing petroleum equipment sales, installation, and 24/7 service.
Market Outlook / Competition
Stable demand in North Dakota's energy and agriculture sectors, driven by ongoing needs for fuel storage/dispensing equipment, compliance testing, and emergency repairs. Loyal repeat clientele across service stations, bulk plants, trucking, and oil production. Limited direct competition in specialized petroleum services; strong barriers from certifications, vendor authorizations, and decades-built reputation. Growth potential in Bakken region expansion.
Opportunities for Growth
Opportunities include expanding service territory into under served Bakken areas, adding preventative maintenance contracts for recurring revenue, cross-selling advanced monitoring/POS systems, and pursuing larger commercial/agriculture projects. Potential to grow e-commerce parts sales or partner with emerging alternative fuel providers. Stable base allows bolt-on acquisitions or staff expansion.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
10,000
Rent
$3,050.00 per month
Lease Expiration
12/31/2026
About the Sale
Seller Motivation
Owner selling for family and personal reasons—prioritizing time with growing chi
Transition Support
Seller offers comprehensive transition support, including 3-6 months hands-on training, vendor introductions, customer relationship hand offs, and ongoing consultation as needed. Current management committed to smooth handover for operations, compliance, and service continuity.
Listing Info
ID
2455849
Listing Views
60

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Business Listed by: Matt Wilkins

Listing ID: 2455849 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. See our full Terms of Use. Learn how to avoid scams.


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