As the owners/operators of a small retail propane company neared retirement age, they chose to sell their business to a larger regional propane distributor. As is typical in this industry, the owners of the selling company were very active in the day-to-day operations, in the office as well as in deliveries and service to residential customers.
Read More Amid swirling rumors of an imminent sale to a competing major marketer, the future of CornerStone Propane should be decided in the next few months.
Read More ll of you have seen or know of a competitor who sold his company in your area. You also likely saw thechanges made and the problems that may have occurred during the transition period. You likely gainedseveral customers during the transition process — just by answering the phone!
Read More At age 74, Bill knew it would be time to sell his retail propanebusiness within the next few years. The founder and 70 percent owner ofthe company had three children, none of whom were in the business.
Read More Even with the major national firms slowing the pace of acquisitions, propane dealers nationwide can expect continuing consolidation as independent marketers struggle to remain financially competitive.
Read More Hundreds of you own and run retail propane operations of all sizesand complexities across the country. I applaud your fortitude, your self-reliance,your focus on customer service and your fierce independence.
Read More For sale, cheap: Nation’s sixth largest propane retailer. Publicly owned partnership with plummeting sales, empty stock value and crushing debt load. Hoping to get offer before filing for bankruptcy protection. Call day or night.
Read More Why is it that the large, multi-state propane retail companies are organized as master limited partnerships, rather than the more commonly used corporation structure? Do they have some business or legal insight that you and the other propane marketers don’t know?
Read More Inexperienced buyers and sellers of propane businesses often lose interest in the details of the transaction once they have signed the letter of intent or term sheet that outlines the broad terms of the deal. Even smart, successful businessmen fall into this practice because they don’t deal with the consternation of buying and selling businesses every day.
Read More Inergy, the propane industry’s newest publicly traded retailer, sees plenty of growth opportunities through acquisitions.
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