businesses for sale


WHOLESALE GAS & DIESEL FUEL for sale

Location: New Jersey, New Jersey

Category: Wholesale Distribution Businesses for sale

Asking price: Call/Email

Description of the business for sale
Since 1946 this branded gas and diesel wholesale fuel distributor also operates branded gas stations for its own account. Four stations are owned and operated by the parent company with an additional four locations subleased to independent operators purchasing and utilizing the same brand name gasoline. Revenues generated are approximately 50% from ten wholesale distribution accounts which include marinas, cemeteries & golf courses. The remaining 50% of sales are derived through the four company owned gas station locations. The eight units are located in high traffic densely populated prime locations all within a 10 mile radius of each other. Locations are in full compliance with state and federal regulations. Home office executive office space consists of 1,500 square foot and a staff of five employees including a General Manager, Two Drivers and Two Administrative Staff. The company does not have a sales or marketing staff and would benefit greatly by additional sales and marketing efforts. Owner wishes to retire, but is available for a transition.

Support / Training provided by seller
Owner wishes to retire, but is available for a transition.

  • By phone: Confidential
  • Ask for: Frederick B Collins

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Business details

Fidcol Corporate Services Inc.
Morristown, NJ
Broker Co-op? contact us

Listing Id: 85027
Reference Id:
Year established: 1946
Employees: 5

Asking Price: Call/Email
Revenue: $26,000,000.00
Annual Net: $750,000.00
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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