Owner Financing is Available!
Business Overview:
This 60 year old well established fuel and heating oil distributor provide the full range of services including home oil delivery, home furnace repair and installation, bulk delivery and commercial fuel supply for contractors. An on site propane bullet provides propane storage for refilling propane tanks. The one acre site is near major highways including interstate and major county roads but is buffered from local traffic. A repeat customer base of 850 accounts provides consistent sales along with word of mouth sales since the company has been in business for over half of century. The bulk storage capacity of 75,000 gallons of petroleum products (Five 15,000 gallon tanks) allows for competitive bulk purchases from the refinery. Propane sales help offset the heating oil sales swing since the propane sales generally peak during summer when the heating oil are at the lowest. On site diesel and kerosene storage of 12,000 gallons is needed to sell to commercial clients that balance out the residential customer base.
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:
4 Garage bays, five 15,000 above ground storage tanks, 12,000 Gallon UST with 4 pumps, above ground propane storage with refilling, One acre lot size
Market Competition and Expansion:
A few local competitors, however the potential for growth is only limited by marketing and sales. Growth in margins is a function of the bulk purchases at the refinery.
Reason for Selling:
Owner retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: