Hot Listing
Multi-location Wholesale Fuel, Propane, Tire, & Auto Service Company
Business Description
Unique opportunity- 4 business in 1
This business offers a rare opportunity with an established presence in four individual sectors: wholesale fuel, propane delivery, tire retail, and automotive services and repair. With five locations across West Texas, this company boasts a "one-stop shop" business model that appeals to the thriving oil and gas production industry as well as the Permian Basin's flourishing agricultural industry. Whether serving a multi-million-dollar oil drilling company or a small farmer, the concept of having multiple essential services conveniently condensed into one invoice from one trusted supplier gives this business a unique competitive edge.
As a proud third-generation, family-owned company, this business is known for its diverse array of products and services. In recent years, fuel sales have become the primary driver of the company’s revenue, offering products such as propane, off-road diesel, on-road diesel, and unleaded gasoline. The company also partners with several renowned tire brands, providing high-quality solutions for a wide range of vehicles, including family SUVs, agricultural machinery, and more. In addition, the business employs a team of skilled automotive service technicians dedicated to keeping clients' vehicles in optimal condition.
The current owner has made the difficult decision to exit the business due to the lack of an inheritor to continue the family legacy. As the business continues to thrive in the current market, the owner feels this is the perfect opportunity for new leadership to take the business to the next level.
The sale includes all real estate (appraised at $2.6 million), $2 million in inventory, $9 million in total assets, and $5 million in working capital.
Interested in learning more about this business opportunity? Simply fill out the form here on Biz Buy Sell to get our NDA sent to your email. After completing the NDA, you will receive another email with a link to the CIM and owner's video (please allow 5 minutes for your NDA to be processed and the email containing the CIM to be sent). Don’t forget to check your spam or junk folder. If you still haven’t received an email, please contact us at info@sigmamergers.com.
As a proud third-generation, family-owned company, this business is known for its diverse array of products and services. In recent years, fuel sales have become the primary driver of the company’s revenue, offering products such as propane, off-road diesel, on-road diesel, and unleaded gasoline. The company also partners with several renowned tire brands, providing high-quality solutions for a wide range of vehicles, including family SUVs, agricultural machinery, and more. In addition, the business employs a team of skilled automotive service technicians dedicated to keeping clients' vehicles in optimal condition.
The current owner has made the difficult decision to exit the business due to the lack of an inheritor to continue the family legacy. As the business continues to thrive in the current market, the owner feels this is the perfect opportunity for new leadership to take the business to the next level.
The sale includes all real estate (appraised at $2.6 million), $2 million in inventory, $9 million in total assets, and $5 million in working capital.
Interested in learning more about this business opportunity? Simply fill out the form here on Biz Buy Sell to get our NDA sent to your email. After completing the NDA, you will receive another email with a link to the CIM and owner's video (please allow 5 minutes for your NDA to be processed and the email containing the CIM to be sent). Don’t forget to check your spam or junk folder. If you still haven’t received an email, please contact us at info@sigmamergers.com.
About the Business
- Years in Operation
- 64
- Employees
- 55
- Facilities & Assets
- The sale encompasses all five locations and four fueling stations, appraised at $2.6 million. Included in the $9 million-worth of assets are the company's fleet of 37 vehicles, 10 trailers, all machinery and equipment, and miscellaneous furniture and fixtures. Additionally, $2 million in inventory and $5 million in working capital are included in the sale price.
- Market Outlook / Competition
- As a key player in four distinct markets, this company stands alone in the region, offering a unique combination of products and services that no other business provides. This gives the company a significant competitive edge over rivals that operate in only one of these sectors, particularly when serving commercial clients. However, when each market is considered individually, there are several notable competitors at the local, regional, and national levels.
- Opportunities for Growth
- Although this well-established business has remarkable impressive development under current ownership, a new owner could capitalize on this momentum to elevate the business even further. Specifically, expanding into key markets is crucial for driving substantial profit growth and ensuring long-term sustainability. Additionally, there are several existing tire and fuel retailers that could present acquisition opportunities in the next few years as their owners look to retire.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The current owner is offering any necessary transitional support and training within a reasonable time limit. Furthermore, the company's administrative staff could absorb some of the owner's duties to give the new owner a more balanced workload and more time to focus on growth opportunities.
Listing Info
- ID
- 2354142
- Listing Views
- 2962
Listing ID: 2354142 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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