Residential Propane Delivery, Tank Sales and Service
Off-MarketLong Island, NY
A Propane Business The Business Provides Residential Propane Delivery, Tank Sales, And Service Work
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$700,000
$450,000
64.3%
1998
Past Week
Customers
All residential Customers
Customer Acquisition
The owner stopped advertising because he could not manage the volume generated by himself. All current business comes from word-of-mouth referrals, existing customers, and past customers relocating.
Team
No team members; it is owner-operated.
Owner's Role
Owner works as an owner-operator.
Reason for Selling
Owner wants to retire after 28 years of self-employment and approximately 50 years of combined work experience in the propane industry. Owner is open to staying on for a post-sale transition.
Contracts
The owner operates a propane/gas tank business using lease agreements that legally require customers to purchase gas exclusively from him. Unauthorized tank refilling by other providers is considered theft of services and constitutes a breach of the lease agreement.
Real Estate
The owner owns an industrial real estate property measuring 25 feet by 100 feet, with an office trailer and storage container, which may be included in the sale.
When Are You Looking to Sell
ASAP
Licenses Required
New York State does not require propane licensing, but plumbing licenses are required for gas installations
Additional Notes
Two tanker trucks and customer tanks in the field are included in the business assets, valued at approximately $800,000.
Business ID: 1969
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