Mid-Coast Maine Heating Oil Dealer

Price: $750,000

Location: Mid-Coast Maine

Industry: Service Businesses

Listing ID: 11132020

This is a long-established heating oil dealer serving Mid-Coast Maine with oil deliveries and burner/boiler installation, maintenance and repair services.  It’s located directly on a major state highway for high visibility and easy access to customers all across the Mid-Coast area.

 

Delivering between 730,000 and 750,000 gallons per year to both residential and commercial customers, this is a solid, profitable business that is poised for growth.

 

Location: Confidential – Mid-Coast Maine

Price: $750,000

EBITDA: $283,000

Real Estate: Leased @ $1,500 month, NNN

Inventory – Heating Oil: None / Just in Time purchases

Inventory – Heating Service: $25,000 not included in price

Licenses: CDL with Hazmat Endorsement, Burner Technician

Reason for Sale: Retirement

Training: Will provide

Year Established: 2009

Days/Hours of Operation: 24/7

Employees: 4 FT, 1 PT

Potential Growth: Seller constantly turns additional business away due lack of capacity.  Seller states that by recruiting additional drivers he could nearly double the business.  The company has never sold propane, which is a major heating fuel source in Maine.  Add propane sales for an additional revenue stream.

Listing Details

EBITDA: $283,000

Training & Support:

Will provide training and support.

Operation

Year Established: 2009

Days & Hours of Operation: Seven Days week 24/7

Employees: 4

Location

Monthly Rent: 1500

Summary

Potential Growth:

Seller constantly turns additional business away due lack of capacity.  Seller states that by recruiting additional drivers he could nearly double the business.  The company has never sold propane, which is a major heating fuel source in Maine.  Add propane sales for an additional revenue stream.