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Landmark Fuel Supply Company In Middlesex County For Sale

Middlesex County, New Jersey, US
Asking Price:
$345,000 Inventory / Stock included
Sales Revenue:
$700,000
Cash Flow:
$70,000

A venerable heating, cooling and fuel oil supply company located in Middlesex County, New Jersey has come on the market. Decades young, this generational business installs and services heating and cooling systems of all kinds and supplies fuel oil to homes and commercial accounts throughout the county. Its reputation is stellar; work comes in from referrals and existing customers. Typical backlog of work orders is out three weeks or more. The company employs one full-time delivery/service person, the owner who quotes jobs and a part-time bookkeeper. This business was much larger when the seller was younger and more active in the business. It can be built back to its former levels in the hands of fresh blood, the owner is retiring. The property is available as well.

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Business Operation

Reasons for selling:

Retiring

Employees:
1FT/2PT
Years established:
1942

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

225,000.00 Down & $120k at 7% for 60 months

Furniture / Fixtures value:
$100,000
Inventory / Stock value:
$161,000 - included in the asking price