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Asking Price$1,150,000
Revenue$5,000,000 Established1996
Cash Flow$300,000 Employees2 full, 2 part
FF&E$415,000 FranchiseNo
Inventory$120,000 RelocatableNo
Real Estate$175,000 Home-basedNo
* Included in Asking Price
This company is primarily a fuel delivery business supplying gas and diesel products in the interior BC. They concentrate on lower volume, higher margin deliveries to contracted enterprise, and retail customers. The business specializes in time sensitive deliveries that competitors have difficulties servicing. The business operates at a healthy margin, has a stronghold on their geographical market, have built in capacity for expansion, and operate in an under-serviced area. The business is currently owner operated, but not dependent on the owner. The owners are seeking retirement.
Facilities:.67 Acres commercial with two 75,000 litre tanks, load rack and storage container
Competition:Petro Canada for fuel, which outside of BEFS is the only provider of bulk petroleum products in the Revelstoke area. The next closest provider is 103 (1 hr 15 minutes) away in Salmon Arm
Growth Potential:1) Local aviation fuel consumption is estimated at $3-$5 million with no service locally. 2) Lubricants represent under 1% of the business sales, as they have not been a focus. If the new buyer were interested, a lubricant program could be put together. The only local competition in the space currently is NAPA. 3) The largest growth opportunity would be realized with the creation of a dedicated sales process, aimed at filling system capacity.
Training/Support:The seller is available to stay on to facilitate training and transition for up to three months after the sale, and ongoing consulting for up to a year.
Seller Financing:Limited, but financing is availiable on land, inventory, cash flow, and equipment.
Sale Reason:Retierment
Ad #106991
Seller Reference #124
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Contact This Seller
Scott Duke
Welstand Group
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