Profitable Petroleum Maintenance Testing & Complia

Ukiah, CA
Mendocino County


Asking Price: Annual Revenue:
$185,000 $101,210

Services: Non-classifiable


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RE: Profitable Petroleum Maintenance Testing & Complia Broker: Rick Carlson
License #: 01820673

Quick Facts

Asking Price: $185,000
Annual Revenue: $101,210
Net Profit: Not Disclosed
Cash Flow: $43,346
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 1
BBN Listing #: 323927574
Broker Reference #: 864 Petroleum

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Business Overview:

Confidential Information Memorandum (CIM) available upon receipt of our short online NDA.

The Seller’s business is a profitable, single operator California based B-to-B maintenance, testing and compliance service with hundreds of customers. It provides support to any business with a fuel transfer system, such as gas stations, depots, and storage facilities. Customers need to maintain compliance with California regulations. Over time, testing & compliance support have become the primary source of income for the business.

In the Sellers own words:

“(The Business)” is an extremely good money maker if you enjoy working with, not the general public, but business owners. 50% of the job is joking & laughing with customers. They always enjoy that plus you’re there to fix something for them.”

Initially “maintenance” at gas stations or any other company with “fuel transfer systems” was the primary target of the Business. More recently California regulations in the industry have propelled the company to move into the field of testing & compliance as its primary source of income, although still retaining maintenance as another of its business activities.

Customers call for maintenance issues as the need arises. Compliance testing is scheduled for each customer on either a 1 or a 3-year cycle, as required by regulations. Logs & schedules are kept on both maintenance and compliance services.

The business’ trademark is to provide excellent and reliable services to its customer base. In the field of compliance and testing it is crucial for customers to be able to rely on the Seller’s services to continue to be in compliance with ongoing regulations that apply year after year. as The Seller’s company almost always retains customers after a first service and over its multi-year history has enjoyed an ever-growing number of repeat customers.

As mentioned earlier, The Seller’s business specializes in repair & maintenance of fueling sites or systems and compliance testing for both the California Department of Environmental Health and the California Department of Air Quality. The company’s services include inspections, installations and repair.

The Seller has researched suppliers for the products needed in their work and secured relationships with the most reliable sources and best-equipped vendors.

The Seller’s business operates within an approximate 60-mile radius of its home office in Ukiah, California. The services provided by the Seller’s company have been and the Seller believes will be in constant and ongoing demand for the foreseeable future. The average profit margin is estimated by the owner to be at least 30% to 50% on each individual job.

This is a significant opportunity to step into a growing, profitable business targeted to a very large market base which over the course of many years has proven to be highly receptive to and appreciative of the product being offered.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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.

Market Competition and Expansion:

Competition: See details in CIM, NDA required. Growth & Expansion: Steady customer level; many repeat customers—see details in CIM

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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