Business ID: XB8840
$400K+ income to one owner/driver. Immediate potential to expand. Long handover. Owner retiring.
This privately owned fuel distribution business has been in operation for over 20 years supplying a 'route' of customers. Fuel is sourced from the terminal at Mascot Mon Fri and delivered to a very stable client base from north of the Hawkesbury River to Maitland.
Fuel is delivered to confirmed orders only. The business has two depots for fuel storage should the truck need to be emptied overnight.
- Includes 1 x Iveco Stralis truck with dog trailer.
- 8 individual fuel compartments fitted with pumps Off-road overnight
- storage for the truck is available Full maintenance records available
- Engine, Gearbox and Diffs rebuilt at 800,000 Km Odometer shows approx. 1.3m Km, approx 100,000 Km pa
- Suppliers provide 7-10 day accounts
- Customers receive 3-day terms
- No premises required.
The owner will provide up to a 3-month handover to ensure that the buyer is fully conversant with loading procedures the location of all customer sites and storage tanks onsite(s).
This is an excellent family-operated business and there are a number of opportunities already for further growth. The owner wishes to retire.
The opportunity exists for either a father/son driving team or a driver and mechanic team (etc) to share the driving and bring maintenance costs 'in-house'.
Alternatively, a second truck could be used to share the workload. The vendor believes that any 'spare' capacity in a second truck could be quickly filled.
Asking Price: The business goodwill and assets are for sale for $850,000 plus fuel stock. Fuel volume and value fluctuate daily around $50,000.
Property Code: 3756
