Propane Gas Delivery Service in High Demand Area

Watford Cy, ND (McKenzie County) (Relocatable)

Propane Gas Delivery Service in High Demand Area

Asking Price:$75,000

Cash Flow:$100,000

Gross Revenue:$264,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2015

Propane Gas Delivery Service in High Demand Area

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Business Description

This propane gas business is located in an area where demand is high due to seasonal weather conditions and lack of service providers. All the "heavy lifting: has been done.
All need equipment is available for a new owner to step in and begin to enjoy a six figure income.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a retail propane business. The business has a propane tanker delivery truck to make home deliveries and also has 35 propane tanks for trade out services. The business is situated in a high demand area for the use of propane gas. The current owner started the business in May 2015 and in a one year period cash flowed $99,000. This year he is on track to increase his gross income and accordingly increase his cash flow. The operational hours of this business is 10-12 hours per day 6 days a week. The business can be operated by a owner/operator or can be operated by a owner/operator and one employee. The business is operated from an office situated on 35 areas and has a work shed for the tanker truck repairs and garage space for the vehicle and propane tank storage. The rent on this property is $600 per month. This is a easy to operate business and the net profit margin is over 70%.
Competition:
There is little competition in the surrounding community.
Growth & Expansion:
The opportunity to take on new accounts is incredible. If a new truck was added and additional tanks were available the business could grow substantially in a very short time. The only con is the weather in this area in the winter months. However, it is the weather conditions that drives the high demand for propane gas in this area.
Support & Training:
The owner will be available to train for 30 days.
Reason for Selling:
Health issues

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Jerry Lucas

Business Listed By:
Jerry Lucas

Lucas Business Brokers

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