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Businesses For Sale   >>   Absentee Businesses For Sale   

Heating Oil Service

Location  New York,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $8300000
Net Profit / Cash Flow  $530000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1950
Number of Employees  1 - 3
Inventory  290000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Will provide as necessary.
Reason for Sale  Seller wants to pursue other interests.

Description  
ASKING PRICE: $1,500,000 The company supplies Heating Oil ,Diesel and Gas to a wide range of customers including Landlords, Private Homes, Industry, Construction and Government accounts. Repeat Business. The owners are willing to sell the accounts, sign a non compete and sell the Delivery Trucks and other equipment on their own, on the market, if not needed by the buyers. The company is servicing the 5 boroughs of NY since the 1950's. The company operates a service team to maintain regular accounts. Estimated 2,000,000 Gallons delivered a year. Down Payment: $ 750,000 FFE: $ 260,000 (Included in Price) Inventory: $ 30,000 (Included in Price) Year Established: 1950 Absentee Owner: No


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