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Longstanding Fuel Distribution and Services

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Complete NDA for Full Overview

Price: Under Valuation

Annual Revenue: $2,710,000

SDE: $260,000

Location: Nova Scotia

Industry: Retail, Services

Listing ID: 1391

Listing Status: Coming Soon

Description

This leading B2B and B2C fuel dealer has developed a solid market foothold over many years of operation. There are strong economies of scale for the growth focused consolidator and we're confident meaningful efficiencies can be implemented by an engaged new leader who is seeking a stable industry with an runway for expansion.

This business is supported by a longstanding reputation for reliability, service, and customer satisfaction. Operating in a growing market, where there continues to be a shift to cleaner and cheaper fuel sources, this business offers comprehensive fuel solutions, including sales, delivery, install, and service to a diverse residential and commercial clientele. There is an adequate fleet of delivery vehicles, storage facilities, and a dedicated team, this company is in a good position for growth.

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. For the purposes of this offering, the price considers Working Capital to be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most, if not all, of your questions.

Financial Information

Annual Revenues and Seller's Discretionary Earnings, with year end December 31:

**SDE is calculated with the inclusion of a Fair Market Value rent expense of $36,000 which is sufficient to carry a mortgage of approximately $425,000.

Balance Sheet: $ in working capital is included in the sale price and will be adjusted accordingly at closing.

2022
Revenue: $2,710,000
SDE: $260,000

2021
Revenue: $2,375,000
SDE: $75,000

2020
Revenue: $2,300,000
SDE: $72,000

2019
Revenue: $2,330,000
SDE: $62,000

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

** Our expectations are for a minimum 35% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Real Estate

The business operates from owned real estate, with wonderful ocean views.

The property is + or - 100 years old, approximately 2,700 sqft, located on just over a 1/2 acre of land, and is hooked up to town sewer and water. There is sufficient yard space and on site garage and storage space.

There is a second location where additional outdoor fenced storage is located, which is currently owned by the seller, but can be relocated or a lease can be negotiated.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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