Over 5.5 Million homes use residential heating oil, and over 80% of these are located in the Northeast. If you are considering selling your home heating oil company, there are plenty of potential buyers for your business.
But what’s the best way to maximize the sale price of your residential heating oil company while keeping the sale confidential?
The best way to maximize the sale price of your residential heating oil company is to have multiple buyers. On average, we introduce 2 to 6 potential buyers in the process of selling your business.
But before we provide any information on your business, we require all potential buyers to sign a confidentiality agreement and provide information on their qualifications. This way, we can weed out the tire kickers. We have a database of over 28,000 potential buyers, and we’ll need to narrow down the buyers that are the right fit for your company.
The reason that profitable home heating oil companies are attractive to potential acquirers is that they have monthly recurring revenue. The companies that have high customer retention rates over many years are that much more desirable.
We sell profitable home heating oil companies that have annual revenues of $700,000 to $50,000,000, so hopefully, your company falls within this range. If it does, we would have plenty of potential buyers. We have potential buyers for different types of home heating oil, including Kerosene, Propane, and heating oil companies that supply grades of 1, 2, 6, and mixtures of different grades.
Our potential buyers include:
For your confidential consultation, please provide your contact info or call (888)-688-4664.