Business for Sale Overview:
Heating Oil Company. Price Reduced! Highly successful Home Oil Heating company that has been in business for over 25 years. The company is split over 2 separate corporations; (one specializes in CODs which consists of 95% of the companies revenue, the other is a contract type/drop-off service which is only offered to qualified customers). There are four 3,000 gallon oil trucks (1991, 1993, 1996 and 2002 Interstate) and they are located about five minutes from the terminal. Last year they sold an average of 1.23 million gallons of fuel at an average of $2.32 per gallon, that $2,847,000 in gross sales; average profit was approximately $0.35 cents per gallon (that a gross profit of $393,600). This year 1.5M Gallons is the target. company has over 6,500 customers. This oil company is divided in to two companies and COD deliveries pick up another $40,000 to $45,000 a year in Cash. Currently the seller owns the property as well, which is also available (acre) for $1.8M. Oil deliveries between Middle Island and Bay shore.
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:
5,000 square feet on 1 Acre. Zoned Light Industrial. 30% is the office. 70% is the garage with 22 feet high ceiling and two bay doors. Property also available.
Market Competition and Expansion:
This is a business with unlimited growth potential! Current owner does minimal advertising. Growth can include, but not be limited to; the creation an aggressive marketing plan and the creation of a sales team (searching for potential clients and accounts).
Reason for Selling:
Retiring, been in the Business for 25 years. Looki
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: