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Listing No.: 209-20244
Category: Construction
Asking Price | $499,000 |
Down Payment | |
Gross Revenue | $659,205 |
Total Adjusted Net Income | $167,652 |
Equipment / Fixtures | $284,699 |
Year Established | 2002 |
General Location | Raleigh Durham-Wake County, NC |
We are a petroleum construction company operating out of the Raleigh area for 18 years. We install and maintain fueling systems for retail and commercial fueling sites. Project examples include convenience store fueling systems, marina fueling systems, tank burial and removal, and lubrication systems. We have an established customer base across North and South Carolina. We currently focus on the construction side of the business and have had a steady income from this focus for 18 years. Currently we are holding contracts through 3rd quarter, 2021. There is potential in the petroleum industry to become a petroleum equipment distributor as well. Our company has a strong reputation for industry knowledge, quality workmanship, reliability, and most importantly, integrity. We started the business from the ground-up and owning it has been a rewarding experience. It is now time to move to the next chapter in our lives. SBA Pre-Qualified
Gross Revenue | $659,205 | Listed Price | $499,000 |
Total Income | $167,652 | Down Payment |
Base Rent | $1,500 | Square Feet | 2000 |
Total Rent | $1,500 | Lease Expiration | 09/2020 |
Rent Deposit | $1,500 | Lease Options | 1/ month to month |
Inventory | $6,800 | Leasehold Improvements | $0 |
Equipment / Fixtures | $284,699 | Other Assets | Trailers, Skid Steer, Equipment, Tools totaling $40K |
Full-Time Employees | 4 | Training Period | 14 Days after closing |
Part-Time Employees | Special License Required | NC Contractors License - Public Utilities Fuel Distribution | |
Contract Staff | Reason for Selling | Wants to retire and spend more time with family |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
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