Profitable FL Gas Utility Service Company | $1.5mm EBITDA | 20+ years

Florida

Seller Financing Available

listing image
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
BUSINESS DESCRIPTION

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).


DETAILED INFORMATION
Location
Florida
Inventory
Not Included in asking price
Building SF
3,000
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Owner willing to hold 20% Seller Note (forgivable if #1 customer leaves)
Reason for Selling
Owner is exploring opportunities to focus on other ventures
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David Robins
David Robins