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Minnesota Business For Sale |
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| PROVIDER OF WHOLESALE AND RETAIL GASOLINE & DIESEL |
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| Attn: Mickie Bernard |
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| Not Disclosed, MN, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Auto & Mech: Services & Gas Stations |
Year Established: |
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1975 |
| # of Employees: |
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13 |
| Yearly Revenues: |
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$11,082,000 |
| Yearly EBITDA: |
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$120,000 |
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Business for Sale Overview:
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The March Group, LLC currently represents a well-established & profitable company specializing in the wholesale & retail provision of bulk fuel, since 1975. In addition to the sale & delivery of bulk gasoline, diesel fuel, & home heating oil, the Company operates a comprehensive convenience store/service center. Retail facility serves as the main office & includes a convenience store; multi-pump service station; mechanic/service bays; car wash; national rental franchise; storage area & loading dock; multiple underground bulk storage tanks; 3 offices; & a separate 7,500 sq. ft. building currently leased to a 3rd party. The Company is located in an exurban area of a major Midwest city. Corner-front facility is located along a major thoroughfare & sees traffic of approximately 20,000 cars each day. Underground bulk storage plant upgraded in 1998 & building in 2002. Facilities are available for lease or purchase. 55% of revenues derive from retail sales, with the remainder contributed by the jobber services. Licensed for bulk delivery in 2 states. Wholesale delivery services primarily to agricultural & commercial accounts, & home heating customers.
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Property Features and Assets:
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The principal facility detailed earlier is available for lease or purchase. A second, Company-owned traditional service station, currently leased to a 3rd party, is also available for purchase. |
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Market Competition and Expansion:
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Several promising opportunities exist for expansion on both the retail & wholesale sides of the business. The addition of lottery tickets, beer & wine to retail offerings could mean fantastic growth. Increased focus on margin management would substantially boost profits. Geographic expansion of jobber services, especially through strategic acquisition, is a logical next step. A comprehensive marketing plan would support both efforts immensely. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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