Very Profitable Oil Tank Removal Business

Asking Price$550,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$275,000

Inventory$20,000
Included in asking price
FF&E$30,000
Included in asking price
Real EstateNot Disclosed

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Very Profitable Oil Tank Removal Business


Asking Price$550,000

Cash Flow
$250,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$275,000

Inventory$20,000
Included in asking price
FF&E$30,000
Included in asking price
Real EstateNot Disclosed

Business Description
For over 30 years, this company has been the go-to business for removing oil tanks for both residential and commercial locations. Oil tanks are above and under ground with some of the jobs being sub contracted. Tanks are cleaned and subsequently sold for scrap (a second revenue source).

A third revenue source is oil delivery; many of the tanks still have useable heating oil which the owner is able to reclaim and resell (with a regular list of customers).

With a 5-star rating from the BBB and other online assessments, their reputation reaches well beyond the Merrimac Valley to include Vermont, New Hampshire, Maine and Rhode Island. Sale includes all vehicles, tools, and storage shipping container. This business remained open and busy during the COVID-19 pandemic.
About the Business
Opportunities for Growth
Perfect for a junk removal company looking to expand and stay busy during fall and winter months.
About the Sale
Seller Motivation
Retirement, moving out of state.
Transition Support
Seller will stay on for an agreed amount of time to train a new owner.
Listing Info
ID
1716505
Listing Views
2563

Contact Seller

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Business Listed by: Michael Schnur Dirigo Business Group of Maine

Listing ID: 1716505 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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