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Propane Delivery Co.

16/wk
McKenzie County, North Dakota, United States
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Asking Price$85,000
Revenue$212,000 Established2000
Cash Flow$79,000 EmployeesUndisclosed
FF&E$45,000* FranchiseNo
Inventory$1,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Solid service business with a gross income of $212,000 and a net yearly income of $79,000. The company supplies propane to its various customers in the general area, which represents home owners and private companies. This industry does not require government agency approval to purchase. This particular business has no employees; the owner maintains the company as a full-time owner operator. The business has an assignable commercial lease with extension options. Monthly rent of $400, cost per square foot is $4.21 and rent security $800. The non-retail business is located in a free stranding facility which consists of 1,140 square feet. The business assets have an estimated value of approximately $45,000 and the sale consists of a fully equipped propane service company, which includes 2 delivery trucks, accounting system, tables, computers, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private parking on site as part of the commercial lease. The business is active six days per week, with hours from 8:00 am to 5:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 39% investment return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:This opportunity is located in Central North Dakota, McKenzie County which consists of various communities with continued demand for this particular product. This retail facility which consist of 1,140 square feet consist of a basic office with appropriate truck and auto parking.
Competition:To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth Potential:The business presently has a limited marketing plan, no web site and if improved can further develop the business bottom line net income.Financing:To be determined.
Training/Support:The owner will remain post-closing for a minimum of 30 days in order to supply an appropriate transitional period to the new operator.
Seller Financing:To be determined.
Sale Reason:The owner is relocating out of the state.
Ad #98497
Seller Reference #SVS345
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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