Georgia Business Associates

PETROLEUM EQUIPMENT SERVICES #10502598
Company is a full service provider of petroleum equipment service, petroleum dispensing machines, vapor monitoring equipment, and POS systems. Its primary market is the state of Georgia. The Company performs new installations, routine maintenance, remodeling, and equipment upgrades for convenience marts, truck fueling docks, boat fueling docks, and other fueling operatons. OPPORTUNITY: The Company is an attractive acquisition due to its size, profitability, manageability, and capacity to operate with very low overhead. The staff is well trained, experienced, and certified in the petroleum industry having many years of work with service stations, convenience marts, gas boat docks, truck fueling stations, and other fueling operations. Please refer to listing ID: #10502598

Industry:	Machinery
Industry Segment:	Other Machinery
Geography:	United States > Georgia > Metro Atlanta
Asking Price:	$495,000
Gross Revenue:	$1,391,400
Cash Flow:	$177,287
Cash Flow Comments:	Seller's Discretionary Cash Flow
Value of Inventory:	$40,000 (Included in Asking Price)
Value of Equipment:	$250,000 (Included in Asking Price)
Value of Real Estate:	$225,000 (Not Included in Asking Price)

Year Established:	1987
Number of Employees:	13 full time -
Mgmt. Training/Support:	Seller will provide four weeks of transitional training at no additional cost to Buyer. At Buyer's option, Seller is available to be engaged for extended transitional training.
Reason For Selling:	Retirement.
Facilities:	Business operates from a 3,200 sqft office/warehouse facility located on a fenced 1.4 acre lot. Fencing secures outside storage of in-process and used equipment as well as service vehicles. This service business includes all vehicles and equipment reequired to provide maintenance and installation services at locations of customers' facilities.
Market Outlook/Competition:	Business is located in a growing market. Ever increasing requirements from EPA and Georgia EPD for air polution controlling and monitoring equipment upgrades along with routine service calls drives demand for services. Payment Card Industry is requiring major upgrades of POS card readers for almost all customers. Service area is Georgia with majority of customers located in the metro Atlanta area within 75 miles of headquarters facility. Major competition is from fivebusinesses. The Company's reputation for quality and on-time service keeps it in the forefront of competitors.

Email:	hlhcpa@aol.com

PETROLEUM EQUIPMENT SERVICES #10502598