Oklahoma Family Propane Retailer

Not Disclosed, OK


Asking Price: Annual Revenue:
$3,200,000 $2,906,100

Manufacturing: Energy, Oil, Petroleum, Gas Production


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RE: Oklahoma Family Propane Retailer Broker: Ron Kleier

Quick Facts

Asking Price: $3,200,000
Annual Revenue: $2,906,100
Net Profit: Not Disclosed
Cash Flow: $326,900
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 50+
Employees: 6
BBN Listing #: 394428242
Broker Reference #: KS2930-RK

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Business Overview:

Retailer with 71% Company-Owned Tanks.

Business has consistently high propane gross margins regardless of market cost! Most accounts are residential and lease their propane tanks from this exceptional business. For decades, this locally owned propane retailer has established excellent customer loyalty throughout its service area.

The Company also delivers gasoline and diesel to its customers. Seller will sell or lease the real estate to Buyer. Cash flow results include adjustment for amortization of real estate purchase of $1,000,000 total for three Seller-owned properties, where main offices, shops, and 92,000 gallons of bulk storage tanks are located.

Customers can fill smaller, portable tanks at the main location. Six well-maintained diesel-engine trucks are included in the purchase.

Propane has a bright future! It’s a safe, efficient, and reliable alternative to electricity that offers many advantages. Propane is a low-carbon, clean-burning energy source that emits almost air pollutants, and it is eco-friendly when compared to other fuels. Propane has a low carbon content, producing minimal emissions. It’s a smart choice for future return on investment!

Propane appliances offer higher efficiency, less appliance maintenance, and greater convenience over electricity and oil. It’s less harmful to the environment than fuel oil. When burned, propane emissions easily meet the standards for clean air set by the EPA.

Inventory (~ $109,000) and Accounts Receivable (~ $295,300) must be purchased in addition to asking price. The business has four fully licensed truck drivers. Strong management with experienced staff is in place and will consider staying on with Buyer!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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.

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