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Petroleum Equipment Contractor

Acquisition Opportunity - North Central

State-of-the-art fueling systems design, installation, maintenance and repair company. Founded in the 1940’s, the company serves Retail, Commercial, Municipal and Industrial customers in Michigan, Ohio and Indiana. A single source fuel systems and lubrication equipment company. 

Ownership has prepared for organic growth by upgrading inventory and operating systems; expanding construction, service, inspection and compliance testing capabilities; and improving the overall skill levels and culture of the company. Management team is in place and ready to support new ownership.

Supply constraints created issues in 2021, but have rebounded with a substantial backlog under contract. Projected Revenues for 2023 is $12M conservatively. Company has a significant amount of repeat customers and recurring revenue. Real property is available. 

Refer to Seller Number: S-3159-1 PS

Financial Summary
202220212020
Revenue$9.8M$6.8M$6.7M
EBITDA$1.2M$.700M$.600M
Other Highlights
FinancialsManagement Team in PlaceYears in BusinessSIC / NAICS
CompiledYes80811310, 23829

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