Listing Agent: Mike Pope
Listing Agent: Mike Pope
Alamo Corporate Group Listing Number 5172-002 Executive Summary |
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Headline |
Petroleum Distribution |
Description
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This company provides Gasoline, Diesel Fuel and Oils and Greases to farms and ranches. It is an attractive acquisition for an owner-operator with great growth potential or an add-on for existing Fuel Distributor. |
Keywords |
Petroleum |
Primary Business Industry |
Distribution |
Primary Business Industry Segment |
Fuels |
SIC Code |
5172 |
NAICS Code |
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Country |
USA |
State |
TX |
Asking Price or Price range |
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2010 YTD |
2009 |
2008 |
2007 |
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Gross Revenue |
2,708,472 |
2,039,437 |
3,323,774 |
2,855,498 |
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Gross Margin |
9.03% |
13% |
8.7% |
8.78% |
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Net Income |
136,767 |
161,473 |
148,430 |
127,032 |
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SDE |
161,135 |
185,706 |
180,582 |
169,197 |
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Gross Revenue |
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Gross Revenue Comments |
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Adjusted Net Income – 12 months |
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Sales – 12 months |
$2,708,472 |
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Cash Flow |
$161,135 |
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Cash Flow comments |
Seller’s Discretionary Earnings (SDE) is EBITDA plus all seller compensation and perquisites |
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Receivables |
$160,984 Avg. receivables to be negotiated |
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Value of Inventory |
$31,419 |
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Included in asking price? |
__x_ yes ____ no |
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Total Debt |
Current liabilities $185,173 |
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Fiscal Year |
2010 |
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Furniture/Fixtures/Equipment Value |
$200,000 |
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Vehicles and/or rolling stock value |
$75,000 |
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Included in asking price? |
_x_ yes ____ no |
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Current liabilities to be assumed |
None |
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Current notes to be assume |
None |
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Is Property? |
____Owned or _x_Leased |
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Leasehold Improvements |
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Monthly rent |
$500 |
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Lease Term |
To be negotiated |
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Lease Assumable? |
Yes |
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Facilities Description
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Office and warehouse on ¾ ac. |
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Building sq. footage |
Approx. 4000 sq. ft. |
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Value of Real Estate |
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RE Included in asking price? |
___ yes __x_ no |
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Seller Financing available? |
__x_ yes ____ no |
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Seller Financing information |
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Business is Lender Pre-qualified? |
___ yes __x_ no |
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SBA Pre-qualifed? |
___ yes __x_ no |
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Down Payment Amount Required |
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Year Established |
1956 |
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Hours of Operation |
7:00 am – 5:00 pm customers serviced after hours |
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Number of Full-time employees |
2 |
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Number of Part-Time employees |
|
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Do Employees Know Business is for Sale? |
___ yes __x_ no |
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Are employees willing to stay? |
__x_ yes ____ no |
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Can Business be Relocated? |
___ yes ____ no Within reasonable servicing area |
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Is the Business a Franchise? |
___ yes ___x no |
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Franchise Term |
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Home Based Business? |
___ yes __x_ no |
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Internet Based or E-commerce? |
no |
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Is the Owner willing to train/assist the new owner? |
Yes |
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Is this a distressed business or bankruptcy situation? |
No |
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Reason for selling? |
__Retirement ___Health _x_Other Interest __Burn out |
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Market outlook/competition/expansion |
Has 236 customers within 60 mile radius. There are over 4,000 farms and ranches in adjacent counties. |
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Person to Contact regarding ad |
mpope@alamocorporategroup.com |
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Is the selling broker willing to co-broker? |
_*__ Yes _____ No |
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Is the listing for principals only? |
____ Yes __X___ No Buyer Brokers Welcome |
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Is the buyer expected to pay a finder’s fee to the listing broker? |
___ Yes X_ No |
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