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Business Sales
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Individual Business Listing
Petroleum Products Wholesale Distribution w/Real Estate (SOLD)
County: Los Angeles, CA
BusinessQuest ID: 17002
Contact: Ron Varner, (310) 200-5680
County: Los Angeles, CA
BusinessQuest ID: 17002
Contact: Ron Varner, (310) 200-5680
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Financial Summary
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General Information
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Price:
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$1,650,000 |
Financing:
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Yes | |
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Down Payment:
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$1,650,000 |
Year Established:
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1987 | |
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Sales:
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$2,500,000 |
# Employees:
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5 | |
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Cash Flow:
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$200,000 |
Facility Size:
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26572 sq. ft. | |
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Inventory:
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$100,000 |
Training:
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2 weeks | |
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Inventory Included:
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Yes |
Reason for Sale:
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Retirement | |
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FF&E:
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$300,000 | |||
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Monthly Lease:
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$0.00 | |||
| Business Summary Contact business broker for more information regarding this Petroleum Products Wholesale Distributor located in Southern California. The business was founded over 40 years ago and has been under the same family ownership and management since its inception. Products include diesel fuel, solvents, oils, lubricants, grease, and other chemicals that are distributed to over 500 customers. The business enjoys repeat sales with its customers. The business has no formal sales activity and there is an opportunity to grow sales through some basic sales and marketing programs, including the addition of a website. The business operates from a 26,572 sq. ft. parcel that includes 2,000 sq. ft. of office and warehouse space, and seven storage tanks with a 141,000 gallon capacity. The property is zoned Industrial, is gated, with a dock high ramp and two ground high fire weighted doors , and is freeway close There are 5 employees, including 2 full time owners and 3 full time employees. The transaction includes all of the assets of the business with the exception of cash, securities, and accounts receivable. Assets included in the sale are all FF&E, Inventory, the Facility and Real Estate that has a market value of about $1,100,000. Contact business broker to complete a Non-Disclosure Agreement and receive more information regarding this Petroleum Products Wholesale Distributor for sale located in Southern California. Disclaimer BusinessQuest™ (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity. BusinessQuest™ |
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