Owner Financing is Available
Business for Sale Overview:
This is a well established and successful fuel oil company that has been in business for 26 years. This is a business with unlimited growth potential. Company does little advertising. It would take little effort to turn this company into a full service company and double your profits. The company is split into 2 separate corporations. One company specializes in COD deliveries which cover about 95% of the company's revenues. The other companies has cod customers, but also has a will call/(OK to leave) policy which allows 5 days to mail payment in (only to qualified customers). There are four 2,800 gallon oil trucks that are maintained by the owner. There are approximately 7,600 customers in the database. The company delivered approximately 1.5 million gallons in 2008 with gross sales of $4,766,000. Gross profit for 2008 was $455,132. There are 3 full time employees and 2 part time employees. (seasonal)
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.
Reason for Selling:
owner is retiring
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.