Niche Residential Oil Tank Replacement Business For Sale
Services provided realize high demand with little competition
Listing Number: 1660
Asking Price: $449,000
(includes $65,000 in FFE and Service vehicles)
Gross Revenues: $649,000
Owner's Cash Flow: $226,000
A well-known residential oil heat tank replacement business servicing cities and towns south of Boston and RI metro areas is available for sale! This is long established business has built a solid reputation as a trusted tank replacement service throughout the region.
For over 35 years, the business has been focused on reliability, quality replacement, and excellent customer service leading to strong brand recognition. The business specializes in residential above ground oil tank replacement, instillation, and removal services.
The business employs one full-time technician who can assist in field operations. The services provided realize high demand with little competition allowing for strong growth prospects and cash flow generation coupled with high margins. Revenues have been consistently above $600,000 with cash flow above $200,000.
Growth & Expansion:
Increasing marketing and advertising initiatives will have a significant effect on future growth of this business. Expanding into new territories and increasing staffing capacity can significantly enhance revenue growth.
Employees: Owner and 1 FT technician
Terms: It is expected that a qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Support & Training: Owner will provide training and support for a smooth transition