(Under Contract)Fuel Systems Sales & Installation Co. in Northeast USA
| Asking Price: | $5,300,000 |
| Gross Revenue: | $6,800,000 |
| Real Estate: | $500,000 |
| Cash Flow: | $1,280,000 |
| Inventory: | $265,000 |
| Established Year: | 1993 |
***Confidential listing, not in indicated area***
TThis robust company designs and builds turnkey fuel delivery systems for a wide range of mission-critical applications ranging from airport fuel farms, municipal / government buildings, marine gas docks, military installations, manufacturing facilities, hospitals, schools, construction sites or any installation where safe and environmentally friendly delivery of fuel or chemicals are needed.
The company provides on-site design / build and maintenance services (roughly 50/50) in the United States. Products sales are both US and international.
The company also provides removal and decommissioning of underground and aboveground storage tanks, all in compliance with EPA, state and local regulations.
The company sells storage tanks, pumps, filters, sumps, piping, fuel storage and dispensing equipment of all kinds required to support not only their own installations, but those put in place by others. Their sales are nationwide with some international sales as well. Their parts inventory is extensive and one that customers know they can rely on.
Financials:
Purchase Price: $5.3M
Cash Flow: $1.28M
Gross Revenue: $6.8M
Inventory: $265,000
Real Estate: $500,000 (Might be available, incidental to the sale of the business, subject to commercial appraisal)
Payroll: $31,000/month
Employees: 9 FT
Founded: 1993
Reason for Sale: Retirement
Note: Financials are seller-provided and not audited by Inbar Group, Inc.
