Full Line Petroleum and Lubricant Distributor
Business Description
A full line petroleum distributor providing diesel fuels and Chevron branded lubricants to service stations, convenience stores, and a wide variety of customers in the commercial, residential, and coal mining sectors located in the Midwest, United States.
Key Aspects
· Industry leader for the last three decades on the southeast United States
· Chevron Strategic Lubrication Marketer
· Extensive experience team with more than 60 years working in the industry
· Extensive supplier portfolio that allows the Company to be able to meet
consumer demand without disruptions
· The Company exhibited attractive adjusted EBITDA & adjusted EBITDA
margin growth with CAGRs of 55.5% and 19.4%, respectively, from 2020 through 2023.
· Financials as of 12/23
REF-BN000034625
Key Aspects
· Industry leader for the last three decades on the southeast United States
· Chevron Strategic Lubrication Marketer
· Extensive experience team with more than 60 years working in the industry
· Extensive supplier portfolio that allows the Company to be able to meet
consumer demand without disruptions
· The Company exhibited attractive adjusted EBITDA & adjusted EBITDA
margin growth with CAGRs of 55.5% and 19.4%, respectively, from 2020 through 2023.
· Financials as of 12/23
REF-BN000034625
About the Business
- Opportunities for Growth
- · Geographic expansion to cover greater Southeast United States and
neighbor states
· Capitalization on their Chevron status to expand lubricant service offerings
· Opportunity to expand workforce in their current facilities to meet higher demand
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
Listing Info
- ID
- 2433051
- Listing Views
- 66
Listing ID: 2433051 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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