With a 40% sales increase in 2021 over 2020, this business has multiple locations and attractive expansion areas. This region of Texas is experiencing tremendous population growth!
The Seller estimates 70% of their propane sales are for residential, with 30% commercial accounts. Their propane gross margins are super nice! The primary facility has a convenient bottle filling station on-site. The business also sells items which compliment fuel sales and provides extra profits year-around.
The Company features strong vendor relationships and superior customer service.
Sale price includes 12 total vehicles, and fuel storage for 90,000+ gallons. The management team has a strong reputation for industry knowledge, reliability, and safety. A close family member is a manager who will consider staying on with the Buyer. The Sellers’ family owns the real estate and is offering the properties for long-term leases at market rates.
Propane has a bright future! It is a safe, efficient, and reliable alternative to electricity that offers many advantages. It is a low carbon, clean-burning energy source that emits almost no air pollutants, and it is eco-friendly when compared to other fuels. Propane is less harmful to the environment than fuel oil. When burned, propane emissions easily meet the standards for clean air set by the EPA.
Inventory of approximately $500,000 and accounts receivable of approximately $200,000 must be purchased in addition to the asking price.
Hurry, there will be tremendous interest in this extraordinary opportunity!