Profitable FL Gas Utility Service Company | $1.5mm EBITDA | 20+ years
Asking Price: | $5,000,000 |
Gross Revenue: | $3,000,000 |
EBITDA: | $1,500,000 |
Established Year: | 2000 |
Cash Flow: | $1,500,000 |
Inventory: | $50,000 |
FF&E: | $150,000 |
Highly profitable gas utility service business with decades of consist
A unique opportunity to acquire a highly profitable gas utility service business with decades of consistent performance. This company specializes in gas meter maintenance, certifications, repairs, and installations, serving a diverse mix of developers, high-end clients, and businesses in a narrow geographical region (~50m mile radius) in Florida.
**Important Note: ~60% of revenue is from one customer (20+ year long standing customer; majority of revenue is via a single source relationship where the Company is the ONLY provider of services for the Customer)**
Highlights:
Revenue: ~$3 million.
EBITDA: ~$1.5 million
Steady historical EBITDA averaging ~$1.5mm past three years (2021, 2022, 2023)
Team: 10+ employees
Established: over 2 decades with no online presence (no website!) or business development efforts
Facilities: Operates from a ~3,000 sq ft warehouse; available for rent (not included in the sale)
Referrals: Longstanding partnerships with a major regional gas service provider and established clientele
Owner is exploring opportunities to focus on other ventures.
Owner is willing to qualify the business.
Owner willing to hold 20% Seller Note (forgivable if #1 customer leaves).