Business Overview:
This business has been in existence since 1986. The current owner started the business and has owned it for 22 years. It operates as a Sole Proprietorship. There is no real estate included as part of the sale as the business leases its space and could actually be a home-based business.
This is a company which deals primarily with oil and propane burner installations and service, serving the communities located within a 30 mile radius of the Lincoln-Woodstock area. The company is well known and respected in the area, and its service reputation is very strong. Service hours are 24 hours per day, 7 days a week.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The value of the desks, chairs and computers used by this company are valued at $6,000. Tools are valued at $14,000. The majority of value in Furniture, Fixtures, & Equipment is in the service vehicles, as follows:
2006 GMC Van;
2002 GMC Van;
2000 GMC Van;
1998 GMC Van.
A small office and storage area are leased on a tenancy at will basis, but this business could easily be moved into another location, including a home with a garage.
Market Competition and Expansion:
This company’s primary competitors are the services offered by the larger oil companies doing business in the area such as Dead River and Irving. Its success has come from supplying personal service to locals, by a local. They are available twenty four hours a day, seven days a week, and chances are that they will personally know most of their customers. The bigger guys are known to be more faceless and less approachable for many of this company’s customers.
Reason for Selling:
Semi-retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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