Propane Delivery Service

searcher profile

November 29, 2022

by a searcher from University of Richmond in Valparaiso, FL, USA

I am working on a deal for a propane delivery service in my area and wanted to see if anyone on SF had any experience with such a business.

I am specifically interested in any acquisition experiences, valuations and bolt on experiences

thanks

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Reply by a searcher
from University of Richmond in Valparaiso, FL, USA
Hi Paul, thanks for the note. We did not close because the seller sort of petered out. Turns out the business was a bit smaller than we were looking for...having said that we did like it for several reasons; Recurring customers, re-occurring product delivery, ability to control fees and pricing schedule. Competition at the national level is three major companies. What we didn't like is insurance requirements to transport, safety and inspections getting close to harassment by state and federal entities
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Reply by a professional
from Oregon State University in Kuna, ID, USA
^redacted‌- I found a handful of deals under Natural Gas Distribution. Check out the DealStats tab on the Searchfunder platform. NAICS code###-###-#### . https://www.searchfunder.com/bvr/sector/728
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