Description of the business for sale
Catalyst Business Brokers are offering a gas station services contracting business for sale. The company distribution and installation fuel dispensing & storage equipment, lubrication pumps, fuel lines, POS systems, fuel management, and electronic leak detection systems. It is a strong player in tank replacement and has capabilities in environmental cleanup, tower installations, infiltration galleries, equipment slabs and equipment installation. It predominately serves major oil companies, jobbers, independent service station, C-stores, sugar mills, and government agencies. The company operates from Dade County to Brevard County and west to Lake Okeechobee. Healthy order logbook currently valued at over $4 million. The Company is a Florida State licensed Pollutant Storage contractor.
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Support / Training provided by seller
One of the owners is the Qualifier and the buyer will have to be eligible to act as a Qualifier or hire a certified person.
COMPETITION: This outstanding company is on the cusp of a multi-year period of high growth and corresponding margin expansion. In the near term, this will be driven by the mandatory tank replacement program, augmented by dispensing equipment upgrades, environmental clean-up and on-going new stations contracts.
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Description of the facilities
A modern warehouse/multi office structure with a total square footage of 13,683. The property is fenced with 14,246 sq ft of paved asphalt. Property size is 1 acre.
ADDITIONAL FINANCIAL INFORMATION •Financing: n.a. •Inventory: $500,000 •FF&E: $770,000 •Real Estate: $2,500,000
GROWTH: The post 2010 outlook will be mostly influenced by the company's ability to supply new dispensing technologies and its ability to establish itself in the new emerging market for fuel alternatives. Having existing stable relationships with gas station owner, a technical edge and a wide range of products offers the company a distinct advantage relative to its peers, and this company is well-positioned for market share gains and increased profits in the medium term.
REASONS FOR SELLING: Other Interests
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