Colorado Petroleum Jobber for Saleby PAUL Z. WATKINS on 2005-04-29 22:34:41 Petroleum WholesalerLocation: Colorado Financial Information Asking: Negotiable Gross: $15,000,000 Cash Flow: $830,000 Summary Description Distributor of diesel, gas and propane with three bulk facilities. With more than 13 million gallons of annual distribution, this is one of the largest jobbers in its area. Real estate to be included in sale. General Information Facilities: Main office - Land is owned by the Company and consists of 1,000 sq. ft. of office space and 9,600 sq. ft. of warehouse space, on 2.4 acres (105,000 sq. ft. designated for bulk plant.) Total storage of 250,000 gallons of diesel & gas and 30,000 gallons of LPG. Satellite Location 1 - Located on 1 acre of leased land and stores 180,000 gallons of diesel and gas. Lease prepaid through 2022. Satellite Location 2 - Land is owned by Company and is about 1 acre with a 30,000 gallon LPG tank. Reason Selling: Retirement Year Established: 1970 Employees: 20 -- Paul Z. Watkins Business Intermediary Citadel Advisory Group (970) 267-0802 w. (970) 267-9258 pwatkins@citadeladvisory.com www.citadeladvisory.com
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