Business Summary

Asking Price: $3,300,000
Gross Income: $4,668,190
Cash Flow: $575,000
EBITDA: N/A
FF&E: N/A
Inventory: N/A
Real Estate: N/A
Established: 1963
Employees: N/A

Business Description:-
The great success of this Fuel Oil and Bottled Gas Delivery Company is due in part to its strong community presence. The company has been a family owned business servicing Long Island for over 50 years. Supplying fuel oil, propane, as well as full heating system maintenance and installations. With over 8500 oil accounts and 1400 propane accounts, this company has proven financial performance. Over 400 fuel oil accounts are on annual contract. The propane contract commits the client to exclusively purchasing their propane through this company, as the tanks are supplied and installed by them. The propane business has been growing at a rapid rate over the last few years. Due to recent storms and power outages, this company has introduced the installation of propane generators which has increased revenue. On-site fueling is available at the business headquarters with access to a Diesel pump station and propane pump station. A solid and experienced management team is in place Real Estate also Available.

Detailed Information:-
Facilities: Free Standing Building Fuel Oil & Bottled Gas Propane Generators Installed On site fueling available Excellent Management Team
Support & Training: 2-4 Weeks
Reason for Selling: Retiring

Property Details