Business For Sale

Wholesale Petroleum Products Distributor

Not Disclosed, GA


Asking Price: Annual Revenue:
Not Disclosed $2,109,466

Wholesale/Distribution: Non-Durable Goods


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RE: Wholesale Petroleum Products Distributor Broker: Dennis Collier

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $2,109,466
Net Profit: Not Disclosed
Cash Flow: $180,384
Total Debt: Not Disclosed
FF&E: $151,536
Real Estate: Not Disclosed
Year Established: 1991
Employees: 5
BBN Listing #: 17544955
Broker Reference #: 1106-14624

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Business Overview:

This petroleum marketer has operated the business for over 26 years, but the business was originally started in 1932, providing petroleum products to hundreds of customers of South Metro Atlanta. The majority of the business sales are generated through longtime customer relations. 85% of the sales generated are fuels and 15% lubricants. The current fuel breakdown is 85% on and off-road diesel, 10% aviation fuel and 5% gasoline. Lubricants are sold by bulk, totes and containers.

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Property Features and Assets:

The real estate of the business is available for purchase or lease. The real-estate includes: a 5,000 square foot lubricants warehouse; 3,000 square foot office area and retail fuel center with pump island with (2) 4,000 gallon, (1) 2,500 gallon, (1) 1,000 UG storage tanks; a 5-unit top loading fueling rack, with (2) 5,000 gallon above ground tanks, (8) 8,200 gallon in ground tanks and several above ground oil storage tanks. Also, available is an all above ground bulk plant located in the same community. Included in the sale is the needed equipment to operate a lubricants warehouse, an efficient office, and a retail fueling center. Rolling stock included in the sale are: a 2004 Freightliner 3,000-gallon tanker, a 2004 International 2,500-gallon tanker, a 2005 Freightliner 3,000-gallon tanker, and a 1995 GMC 7500 platform/lift gate truck. Total Assets: $262,286

Market Competition and Expansion:

The petroleum industry is very competitive and can sometime be very complicated. However, this jobber has found a niche industry sector and has capitalized on that market. The company does not compete with the very competitive retail sector but concentrates in the industrial and farming markets. With the initiation of a simple marketing plan and an outside sales force, the growth potential would only be limited by the amount of storage capacity. The addition of a transport fleet could greatly improve capacity and the ability to supply several customers in one trip. An online presence coupled with a social media marketing strategy would go a long way with improving the business’s foot print in the South Metro Atlanta area.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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