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Business for sale: Wholesale - #5661

Ad ID: 13455

Location: United States - South Carolina - Columbia

Published on February of 2008 | 102 visits | 1 contacts


Business data

Description:
Wholesale: This business is the leading distributor of home, farm, and commercial use propane in their market area, with over 950 tanks in service.
Their largest competitor recently moved out of the market to focus resources elsewhere. Recently, a 12% price increase was installed that will increase net cash flow $174,000 based on current usage rates. Service prices have not been raised and are currently 15 – 20 % below market prices. This business has ample capacity to grow. It currently has two $25,000 gallon holding tanks. It has grown consistently over the last three years. Expanding the business further simply required the purchase and placement of additional home / farm / commercial use tanks. No additional capital investment in property, plant or equipment is necessary. Assets are valued at approximately $1,150,000.

Sale details

Price:
1,160,000 $
Reasons for selling:
Retirement
Object of the sale:
Type of Company: S.A./Inc.
Assets

Financial information

Net profits:
194,874 $
Sales of the last 1 year:
16,390,111 $

Important assets

Machinery:
Included
Aproximated Value: 759,666 $
Real Estate:
Aproximated Value: 0 $

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