Status: Sold
Propane related business with strong cashflow - Listing #: NAPFL001-N25
| Category |
: |
Distribution |
SIC |
: |
5172 |
|
| Detail |
: |
Dist-Petroleum Equipment |
Price |
: |
2,318,000 |
|
| County |
: |
Collier |
Down |
: |
231,800 |
|
| State/Prov |
: |
Florida |
Adj Net |
: |
835,440 |
|
| Country |
: |
USA |
Sales |
: |
1,896,175 |
|
| Unique gas installation services company with strong year over year sales growth. Company has highly trained and reliable staff with project manager in place. Services would include indoor/outdoor gas fixtures, tankless water heaters, and gas storage tanks. Company has a sterling reputation in Collier county. They are the preeminent company for all gas services in Collier county and the preferred installer for all the major contractors and gas suppliers. *Owner may be willing to stay onboard.* |
| Documents on File |
: |
Equipment List: N Lease: Y Corp Resolution: Y |
| |
: |
Cash Flow: N Balance Sheet: Y |
| |
: |
Standard Agreement: N Signature on File: Y |
| Showing Remarks |
: |
BROKER REQUIRES A PFS ON ALL BUYERS |
| Reason for Sale |
: |
Retirement |
| General Location |
: |
Collier County |
| Organization Type |
: |
Corp 'Sub S' Hours Owner Works: 40 |
| |
: |
Years Established: 14 Years Owned: 14 Emp FT: 6 Emp PT: 0 Mgrs: 1 |
| Non Compete |
: |
Miles: 5 Years: 100 Weeks Training: 8 Cost: $0 |
| Operating dys/hrs |
: |
M. T, W, Th, F 9am-5pm |
| Skills/Licenses |
: |
Liquified Petroleum License (803) FL |
| Business |
: |
Is Relocatable: N Is Home Based: Y Is a Franchise: N Is Lender P/Q: Y Should Qualify For Visa: Y |
| Data Source |
P/L Statement |
Tax Return |
Tax Return |
|
| Year (Cash Flow) |
2018 (N) |
2017 (N) |
2016 (N) |
|
| Gross Revenue |
1,896,175 |
1,450,339 |
1,096,588 |
|
| Cost of Goods |
762,850 |
554,666 |
437,209 |
|
| Gross Profit |
1,133,325 |
895,673 |
659,379 |
|
| Expenses |
496,400 |
471,994 |
430,612 |
|
| Net |
636,925 |
423,679 |
228,767 |
|
| Owner Salary |
150,000 |
150,000 |
150,000 |
|
| Benefits |
35,020 |
44,282 |
38,043 |
|
| Interest Expense |
0 |
0 |
1,250 |
|
| Depreciation |
13,495 |
13,495 |
23,905 |
|
| Other |
0 |
0 |
0 |
|
| Owner Benefit |
835,440 |
631,456 |
441,965 |
|
| Accounts Rec |
0 |
N* |
Real Estate |
0 |
N* |
| Inventory |
21,114 |
Y* |
___________ |
0 |
N* |
| F F & E |
234,000 |
Y* |
Total Assets |
255,114 |
Y* |
| Leasehold |
0 |
N* |
| *Included? |
|
| Lease/Month: 330 |
Square Footage: |
Building Type: parking lot |
| Terms & Options: verbal 6 months |
Expiration Date: 12/27/2019 |
| Loan/Assumable |
- Amt: |
2,086,200 Mos: |
120 Rate: |
7.25 Mo Pmt: |
24,492.21 |
|
| Loan/Seller |
- Amt: |
0 Mos: |
0 Rate: |
0.00 Mo Pmt: |
0.00 |
|
| Loan/Other |
- Amt: |
0 Mos: |
0 Rate: |
0.00 Mo Pmt: |
0.00 |
|
| GREGORY BELL |
Office |
: |
(855) 969-3534 |
|
| ASSOCIATE |
Fax |
: |
(866) 985-8735 |
|
| |
Home |
: |
|
|
| SUNBELT BUSINESS BROKERS NAPLES & FT. MYERS |
Cell |
: |
(913) 226-7735 |
|
| 1415 PANTHER LANE SUITE 232 |
|
|
|
|
| NAPLES, FLORIDA 34109 |
Email |
: |
|
|
| USA |
Home Page |
: |
|
|
The information to follow will not show on BLI.
BLI Status:
| |
Include in MLS |
: |
Y |
| |
Listing Expiration Date |
: |
8/27/2019 |