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WHOLESALE - #5661 |
Financial Information
| Asking Price: |
$1,160,000 |
| Gross: |
$1,639,011 |
| Cash Flow: |
$194,874 |
| Furn., Fixt., Equip.: |
$759,666 (included in asking) |
| Inventory: |
$106,000 (included in asking) |
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Business Information
| Location: |
Columbia, SC |
| Year Established: |
2001 |
| Employees: |
7 |
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Listing Details
| Business Type: |
Established |
| Home Based: |
No |
| Category: |
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| Misc. Wholesalers > Wholesale and Distribution |
| Listing Date: 08/25/2008 - 8:50:15 am |
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| Contact Broker/Seller |
Contact the person selling this business by clicking the "Reply To Ad" button.
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| Broker/Seller Info |
Contact Name:
Roy Huffman
Business Name:
First National Business Corp.
Phone Number:
(417) 823-0990
Website:
Visit Website >>
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| Listing Disclaimer |
| The information contained within this business listing is provided by the broker/seller who published it. BizHwy cannot guarantee its accuracy or completeness, and assumes no responsibility for its content. |
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Business Summary
WHOLESALE: This business is the leading distributor of home, farm, and commercial use propane in their market area, with over 950 tanks in service. Their largest competitor recently moved out of the market to focus resources elsewhere. Recently, a 12% price increase was installed that will increase net cash flow $174,000 based on current usage rates. Service prices have not been raised and are currently 15 – 20 % below market prices. This business has ample capacity to grow. It currently has two $25,000 gallon holding tanks. It has grown consistently over the last three years. Expanding the business further simply required the purchase and placement of additional home / farm / commercial use tanks. No additional capital investment in property, plant or equipment is necessary. Assets are valued at approximately $1,150,000.
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