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Established Fuel Systems Sales Installation In Northeast Usa For Sale

US
Asking Price:
$5,300,000
Sales Revenue:
$6,800,000
Cash Flow:
$1,280,000

***Not in indicated location, confidential listing***

This robust company designs and builds turnkey fuel delivery systems for a wide range of mission-critical applications, ranging from airport fuel farms, municipal and government buildings, marine gas docks, military installations, manufacturing facilities, hospitals, schools, construction sites, or any installation where safe and environmentally friendly delivery of fuel or chemicals is needed.

The company provides on-site design and build services in the United States. Product sales are both US and international.

The company also provides the removal and decommissioning of underground and aboveground storage tanks, all in compliance with EPA, state, and local regulations.

The company sells storage tanks, pumps, filters, sumps, piping, and fuel storage and dispensing equipment of all kinds required to support not only their own installations but those put in place by others.

Their sales are nationwide, with some international sales as well.

Their parts inventory is extensive and one that customers know they can rely on.

Financials:

Purchase Price: $4.233M
Cash Flow: $1.28M
Gross Revenue: $6.8M
Inventory: $265,000
Real Estate: $500,000 (Might be available, incidental to the sale of the business, subject to commercial appraisal)
Payroll: $31,000/month
Employees: 9 FT
Founded: 1993
Reason for Sale: Retirement

Note: Financials are seller-provided and not audited by Inbar Group, Inc.

Property Information

Real Estate:

Real Property Included

Business Operation

Expansion Potential:

Consider expanding into retail gas station market.

Competition / Market:

Because of the nature of the business, there is very little in the way of market competition.

Reasons for selling:

Seller is seeking retirement

Employees:
9 Full-time employees
Years established:
31

Other Information

Support & training:

The seller will assists with the transition and the needed training.

Inventory / Stock value:
$265,000