A full line petroleum distributor providing diesel fuels and Chevron branded lubricants to service stations, convenience stores, and a wide variety of customers in the commercial, residential, and coal mining sectors located in the Midwest United States.
Key Aspects
• Industry leader for the last three decades on the southeast United States
• Chevron Strategic Lubrication Marketer
• Extensive experience team with more than 60 years working in the industry
• Extensive supplier portfolio that allows the company to be able to meet consumer demand without disruptions
Opportunities
• Geographic expansion to cover greater Southeast United States and neighbor states
• Capitalization on their Chevron status to expand lubricant service offerings
• Opportunity to expand workforce in their current facilities to meet higher demand
Headquartered
• Midwest United States
Real Estate
• The company operates from a 3 acre facility owned by the company’s founder. There is room to grow in the current location, which is about 70% occupied.
Shareholder Objectives
• The four owners are seeking a full sale of the business. Ultimately, two of the four owners would be open to remain with the company for a transition period if needed