Petroleum Wholesale & Gas Retail
Location New Mexico,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3527110
Net Profit / Cash Flow $440384
Cash Flow Type EBITDA
Seller Finance No
Year Established 1930
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training It is negotiable as to how long the current owner.
Reason for Sale The owner wishes to pursue retirement at this time
Description This business was established in January of 1930 by the original founder Roy E. Pogue; it has since been under the supervision of the current proprietor since 1985. The present owner began his career with this company in 1955, has moved to management, and the rest is history. This business specializes in petroleum wholesale and gas retail. It runs 2 trucks for distribution when the season permits, and only one during colder weather. All transportation takes place out of the base located in this town. The company works mainly with 2 larger companies, Conoco Phillips and Sinclair Oil Co. This business has experienced several increases in surrounding counties for distribution including: Union, Harding, and Cofax counties. There is presently 1 full service station at the Sinclair location, 1 wholesale facility offering bulk gas and diesel, and card stop with unleaded and highway diesel gasoline. Contact for more information on this Petroleum Wholesale & Gas Retail business for sale.
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