Total of 18659 firms and businesses for sale today Monday 13th May 2024
Time to Sell or Time to Buy !

Sold. Water Bottling And Heating Oil Business

LISTING DETAILS
Firms For Sale ID:
26743
Vendor reference:
3108
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed  
Turnover / revenue:
$3,650,000
Net profit / cashflow:
Undisclosed
Years established:
1970

OTHER DETAILS
Reason for selling:
Growth Capital
Support and training:
The principals are available to remain with new management to facilitate a smooth ownership transition.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
The Business for sale is a water bottling and delivery operation (56 percent of consolidated sales), a heating oil sales and delivery service (28 percent), and a CITGO-branded convenience store and hardware store operation (14 percent), all based from a highly desirable location. The company operates from multiple facilities in the same vicinity. Multiple facilities include the following: a water bottling plant and office space housed in an 18,000-square-foot building; a four-bay garage used for truck service and maintenance in a 4,800-square-feet building; and a convenience store and retail hardware store in a 4,800-square-foot building. All operations are based in a highly desirable location on 7 acres of prime real estate situated just off an interstate highway exit with excellent accessibility and visibility. The property is owned personally by the shareholder and is available for purchase as part of the business sale or management will consider a long-term lease arrangement. The company?s long-standing reputation and strong customer relationships among its various business units present clear opportunities to increase market share. Within the water division, the existing plant equipment has plenty of production capacity to pursue private label bottling. Increased marketing efforts across all divisions present the most immediate area for more aggressive management to pursue immediate growth through the injection of capital and human resources.