Business Summary:
The Company is comprised of a bulk plant operation, a branded gas service station, and a branded truck stop/convenience store located on a busy highway. The bulk plant operation consists of a 25,000 square foot lot with tanks, a warehouse, two tanker trucks, two bulk trucks, four pickups, and various hoses, lines, pumps and other equipment. Approximately 45% of consolidated company revenues are comprised of the bulk plant operations, while 20% is contributed by the gas service station and 35% is contributed by the truck stop/convenience store. Fuel sales account for 86% of consolidated revenues while 14% of revenues are accounted for by other automotive product sales, C-store sales, and service station sales.
- Strong sales growth (25.0% compounded annually from 2004 – 2006)
- Solid Brand Presence & Name Recognition – The Company has long-term relationships with local business customers and the resellers it serves. The stores are clean, modern, and well-known in the community
- Compliant with EPA Regulations – Management has made numerous facility upgrades and additions to equipment
- Excellent long-term relationships with largest customers (average of 13 years)
- Strong geographic markets provide continued growth opportunities
- Experienced management and staff available to remain with new ownership
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