Petroleum Construction Co. Established 18 years SBA Pre-Qualified

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Petroleum Construction Co. Established 18 years SBA Pre-Qualified

Listed by Business Broker
Petroleum Construction Co. Established 18 years SBA Pre-Qualified

Asking price $499,000

Raleigh, NC

Cash Flow: $167,652

Gross Revenue: $659,205

EBIT DA: No Data

FF&E: $284,699

Inventory: $6,800

Established: 2002

Type: Independent

Business listed by:
Lenwood Mills
First Choice Business Brokers Raleigh Durham

Business Description:

We are a petroleum construction company operating out of the Raleigh area for 18 years. We install and maintain fueling systems for retail and commercial fueling sites. Project examples include convenience store fueling systems, marina fueling systems, tank burial and removal, and lubrication systems. We have an established customer base across North and South Carolina. We currently focus on the construction side of the business and have had a steady income from this focus for 18 years. Currently we are holding contracts through 3rd quarter, 2021. There is potential in the petroleum industry to become a petroleum equipment distributor as well. Our company has a strong reputation for industry knowledge, quality workmanship, reliability, and most importantly, integrity. We started the business from the ground-up and owning it has been a rewarding experience. It is now time to move to the next chapter in our lives. SBA Pre-Qualified

Selling Reason:

Seller is ready to retire

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