Fuel Distribution and Service Acquisition with 59 Years in Business
Fuel Distribution and Service Acquisition with 59 Years in Business
  • Listing Number:
    100038
  • Listing categories:
    Fuel Distribution
  • City:
    Bowie County
  • State:
    Texas
  • Zip Code:
    75530
  • Gross Revenue:
    $2,886,612.00
  • SDE / Cash Flow:
    N/A
  • Business was established:
    1957
  • Number of Employees:
    2
Fuel Distribution and Service Acquisition with 59 Years in Business

Business Summary

Since 1957, this fuel distribution and service company has provided the highest quality petroleum products including oil, grease, diesel, and gasoline to the northeastern parts of Texas. The business has a convenient fuel pickup location seated on the main highway, right off I-30, and delivers fuel for the farming and construction industries within a 40 mile radius. The business strictly provides superior quality fuel and diesel, without ethanol or bio-products, ensuring cleaner motors for its long-term, repeat clients.

The business has a fantastic reputation, and a name that is well-known and respected in both the market area and business arena. Since its inception, the business has experienced consistent increases in both sales revenue and profits.

Facilities / Terms of lease

The modern facility that houses this business is an 1,100 square foot building which includes a business office, and storage space for petroleum products. The real estate is included in the asking price, in addition to the physical assets and inventory. The business owns 7 separate 10,000-12,000 gallon storage tanks for fuel, only 4 of which are being used. A fuel tank delivery truck is also owned by the business, equipped with up-to-date maintenance and repairs.

Potential

As mentioned previously, the business has four available 10,000-12,000 gallon fuel tanks that can be used for any type of fuel if a new owner wanted to expand into other realms of fuel distribution. The current service delivery process is one that a new owner can easily adopt and carry on.

Competition

The business has an excellent location for fuel pickup, seated on the main county road in the city, which is right off Interstate 30. The economy of the local and surrounding area is primarily agriculture based, and relies heavily on the offerings of this business. There are a few competitors in the area, however this fuel distributor is the sole business in the area that provides only non-ethanol and non-bio fuel and gasoline. In addition, this business has a large client roster of long-standing and loyal clientele, and the business maintains a customer database on which a new owner can rely.

Reason for Selling

Retirement and Relocation

Support/Training

Currently, the business has two active full-time employees and one part-time employee. Key staff members have signed employment contracts to ensure a smooth transition into new ownership, and will provide continuity after the owner's departure that clients know and trust. The business owner is willing to stay on for a 3-12 month post-sale transition period.

Detail

Excellent Branding, Distinct & Superior Products, and Healthy Cashflow make this business a Tremendous Investment for any interested acquirer!

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