Oil Tank/Energy Company
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $262,500 |
$395,000 |
$175,000 |
Furniture and Fixtures Value:
$40,000 (included in the asking price)
Real Estate:
$595,000 ( not included in the asking price)
Business Summary:
Long established name in tank sales, tank servicing and remediation. Does both tank removal and abandonment with iso foam. Form technology also used in insulation, representing growing profit center. Incredible 80% margin with foam work. For further information, please contact 908-851-9040 Ext. 265.
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| Year
Business was Established: 1959 |
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| Number of Employees:
1 |
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| Facilities / Terms of Lease:
5,999 sq. ft., trucks, foaming equipment, tank parts/repair equipment. Lease terms negotiable |
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| Potential
Growth/Expansion:
Grow iso foam “blown in” insulation with commercial buildings to major profit center. 80% profit margin with foam |
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| Competition:
Market share is huge, Northeast U.S. largest oil tank numbers/demand for services largest in the country. |
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| Owner
willing to finance:
2 years @ 5% |
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| Owner
willing to train:
1 year, negotiable |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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