Learn More About Selling Your Propane Company

Posted by John Spare on August 26th, 2016

Like most propane business owners who are tired of unpredictable inventory levels, complicated regulations, and ever increasing competition, you may be exploring your exit strategy. Are you thinking about selling your propane company? Are you interested in selling your business to a larger propane company who is ready to take care of your employees and customers?

You Don’t Have To Give Up Your Legacy

If your propane company has been in your family for generations you may have some concerns selling your propane business. You want to sell your propane company to a solid operator, but perhaps you are concerned that the market conditions might make this impossible. Don’t worry—you can always sell your propane business to a company that understands what it means to operate a family business. The best companies will even retain your loyal employees so you can rest assured they can keep their jobs.

 

You Have Options

Some propane business owners want to completely exit the industry and enjoy their life after retirement. If you don’t consider yourself as one of these individuals you do have other options. You can remain in the business for a few more months or even years, slowly passing the reins to the new owner once your employees and customers are acclimated to the new management. You can even remain as a vital force to your propane company while taking capital from an investor.

There are also many different types of purchase price structures in a propane company acquisition to consider. Sell your propane business to a company with a flexible, well-financed acquisition model. They should be committed to ensuring a win-win scenario, whether you’re looking to cash out and retire or seeking to grow the business.

 

It’s Time For The Next Step

Customer demands are only going to become more complicated as the years pass. Industry regulations are always changing and compliance is becoming much more stricter. Quality employees are becoming harder to find and retain. In this market, you can expect even fiercer competition in the coming years. Perhaps it’s time to enjoy the fruits of your labor and sell your propane company. An acquisition may give you the freedom you need to do things you love and enjoy holidays with your family. Talk to a reputable propane company for a possible acquisition.

About the Author:

ThompsonGas Acquisitions is a Division of ThompsonGas – purchasing small to mid-sized propane companies. The ThompsonGas family understands every propane business comes with a unique set of specific needs. Like leaves on a tree, no two propane acquisitions are the same. When you choose to sell your propane company to ThompsonGas, they are committed to working with you to ensure the agreement suits your requirements as well as theirs.

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John Spare

About the Author

John Spare
Joined: August 1st, 2016
Articles Posted: 12

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