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Gilreath Oil Co.

Description

This is a great opportunity to acquire a locally owned and operated Gas and Oil Company. This Company has provided outstanding service and quality products for over 86 years. The Company is a strong competitor among recognized petroleum suppliers and has built a trustworthy reputation within the community by offering a great variety of petroleum products and providing timely and professional delivery services.

INVESTMENT HIGHLIGHTS:
  • Reliable and locally owned
  • Location 
  • Flexible paying terms 
  • Competitive Pricing
GROWTH OPPORTUNITIES:
  • Product Line Expansion: Expanding the Company’s current product line to offer other petroleum products could increase revenues exponentially.
  • Addition of Salesperson: The Company has been successful by concentrating on current customers and relying on word-of-mouth referrals. A commissioned Salesperson focused on creating new relationships could greatly aid in expanding the company's territory without upfront added expense.
  • Targeted Marketing: Although the company has an online presence on social media and it’s easy to find with a google search; the business could greatly benefit by increasing its marketing efforts on social media platforms by reaching out to new potential customers.

Financial information

  • $339,000.00 Asking Price
  • $86,287.00 Cash Flow
  • $ 1,170,269.00 Gross Revenue
  • $207,697.00 FF & E
  • $32,000.00 Inventory
  • No Financing

Reason for sale

The seller would like to begin his exit strategy to retirement.

Facilities

1800 sq. ft facility

Detailed information

  • Home Based:

    No

  • Franchise:

    No

  • Distressed:

    No

  • Relocatable:

    No

  • Year Established:

    1939

  • Year Acquired:

    1991

  • Willing To Train:

    Seller is willing to train new owner for a smooth transition.

  • Real State Available:

    No

  • Is Property Leased:

    No

  • Real Estate Included:

    No

  • Is Management Staying:

    No

  • Days Open:

    Monday - Friday

  • Full Time Employees:

    1

  • Part Time Employees:

    1

  • Building Size:

    1800 Sq. Ft.

  • Listing Id:

    SA1593

Contact Us
Business location

Georgia

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  (770) 936-9099 

 info@sunbeltatlanta.com

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