Multi-location Fuel, Propane, Auto Service
Business Description
This business offers a rare opportunity with an established presence in four individual sectors: wholesale fuel, propane delivery, tire retail, and automotive services and repair. With five locations across West Texas, this company boasts a “one-stop shop” business model that appeals to the thriving oil and gas production industry as well as the Permian Basin’s flourishing agricultural industry. Whether serving a multi-million-dollar oil drilling company or a small farmer, the concept of having multiple essential services conveniently condensed into one invoice from one trusted supplier gives this business a unique competitive edge.
As a proud third-generation, family-owned company, this business is known for its diverse array of products and services. In recent years, fuel sales have become the primary driver of the company’s revenue, offering products such as propane, off-road diesel, on-road diesel, and unleaded gasoline. The company also partners with several renowned tire brands, providing high-quality solutions for a wide range of vehicles, including family SUVs, agricultural machinery, and more. In addition, the business employs a team of skilled automotive service technicians dedicated to keeping clients’ vehicles in optimal condition.
The current owner has made the difficult decision to exit the business due to the lack of an inheritor to continue the family legacy. As the business continues to thrive in the current market, the owner feels this is the perfect opportunity for new leadership to take the business to the next level.
The sale includes all real estate (appraised at $2.6 million), $2 million in inventory, $9 million in total assets, and $5 million in working capital.
Facilities
N/A
Competition
N/A
Growth & Expansion
N/A
Financing
N/A
Support & Training
Owner is offering any necessary transitional support and training within a reasonable time limit
Reason for Selling
Retirement
