Retail Propane Distribution
Location Arizona,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1332956
Net Profit / Cash Flow $277481
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1952
Number of Employees 6 - 9
Inventory 1061350
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training Yes.
Reason for Sale Retiring.
Description This is a full service retail and distribution propane company for residential and commercial use with retail hardware store and real estate as well. The Company has a long and profitable history with more than 55 years doing business in Southern Arizona. The Company has more than 800 company owned propane tanks at customer locations and services more than 1300 propane customers. The Company has a consistent margin level of $.75-$.95 per gallon and better than 40% mark up on hardware and supplies. Total gallons sold for last year were in excess of 566,000 gallons. The Company currently operates with 7 full time highly trained employees. The sales price of the business is $1,675,000 and includes $108,000 in store inventory, $953,350 in depreciated assets, and real estate valued at $285,000.
Gross sales and cash flow are for a 9 month periond ending 06/31/2008 and are not annualized. The owners would consider financing for a qualified buyer with a considerable amount down as payment. The owners are open to either a stock or asset sale of the business and real estate.
Will sell the propane delivery service separately from the hardware store and real estate.
This is a confidential listing and the location and name of the Company will not be released until a Non-Disclosure and Buyer Profile Report have been completed and signed. Please email or contact Jerry Doty at 520-577-1212 for more information on this Retail Propane Distribution business for sale.
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