Business Summary:
WHOLESALE: This business is the leading distributor of home, farm, and commercial use propane in their market area, with over 950 tanks in service. Their largest competitor recently moved out of the market to focus resources elsewhere. Recently, a 12% price increase was installed that will increase net cash flow $174,000 based on current usage rates. Service prices have not been raised and are currently 15 – 20 % below market prices. This business has ample capacity to grow. It currently has two $25,000 gallon holding tanks. It has grown consistently over the last three years. Expanding the business further simply required the purchase and placement of additional home / farm / commercial use tanks. No additional capital investment in property, plant or equipment is necessary. Assets are valued at approximately $1,150,000.
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