37514-Specialty Trade Fuel System Services

TX

Seller Financing Available
37514-Specialty Trade Fuel System Services
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Asking Price: $1,250,000

Cash Flow: $250,000

Gross Revenue: $1,001,000

EBITDA: N/A

FF&E: $180,000

Inventory: $50,000

Established: 1967

37514-Specialty Trade Fuel System Services

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Business Description

The company is a specialty trade contractor specializing in installing, maintaining and upgrading fuel systems for commercial enterprises and truck stops. Currently included in price, but owned with an option, the company operates from a 6,000-square foot facility in the Greater DFW area, which includes an office space and a warehouse. Offering these services requires a facility, state-of-the-art equipment and seven personnel with industry experience. The company has a proven track record, supported by 51 years of ongoing business. With its niche range of services, their marketing efforts focus on targeting commercial enterprises, fuel management systems, and truck stops within the Texas and Oklahoma area. With a 2018 revenue of $1,160,000 and over $280,000 in discretionary earnings and 2019 projections over $1.5M, revenues are increasing substantially. In 2017, the company’s total revenues were $628,400 with Seller’s Discretionary Earnings of $187,000. With a large customer base and EPA regulations, the company continues to attract new customers while maintaining its reputation with existing ones.

Detailed Information

Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The current owner desires an extended transitioning with an initial partnership.
Reason for Selling:
Approaching retirement
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IAG Buyer Division

Business Listed By:
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IAG

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