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Asking Price:	Not Available
Business for Sale Industry:	Wholesale/Distribution: Durable Goods
Reason for Selling:	Seeking outside investors to grow the business.
Year Established:	1906
# of Employees:	30
Yearly Revenues:	$19,400,000

Business for Sale Overview:

Represented by the March Group LLC, this Company has been an everlasting trusted distributor of oil, lubricants, fluids and related automotive products. Exclusive area distributor of a national line of packaged automotive care and maintenance products. Bulk distributor of oil products from a number of leading national brands. Long-standing relationship with Penzoil. Large tank farm; 30 plus tanks have capacities ranging from 1,500 to 10,000 gallons. Client base is a healthy mix of well-known local and national accounts, including such names as Wal-Mart, Jiffy-Lube and Sears. Founding member of an important industry association. Two distribution facilities enable the service of a large geographic market – including one of the top consumer markets in the US, with growth expected to continue into the future. Flagship 40,000 square feet facility situated on three acres of land is available for sale along with the business. Gross Revenue for FYE Jan. 31st, 2009 is projected to hit $20.4 MM. In 2007, the Company sold $2,132,523 gallons of oil.

Property Features and Assets:

The Company operates from two distribution facilities to better serve the regional market. Headquarters is a 40,000 square feet facility with 36 tanks, situated on three acres of land. Owned by the shareholders and leased back to the Company, the property is available for purchase along with the business. The Company leases the 5,000 square feet satellite facility.

Market Competition and Expansion:

Given better capitalized ownership, prospects for growth are very favorable. Recent identification of a 3rd distribution facility, in a different part of the state, would further enhance geographic expansion, as would the purchase of a similar distributorship in a different region.

Additional Details:

• 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 resale opportunity.
• This is not a distressed business or bankruptcy situation.