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Gas Station Seeking Loan in Santo Domingo, Dominican Republic

LPG business with 10 stations seeking a loan to remodel and modernise the pumps.
This transaction has concluded.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 490 thousand
Run Rate Sales USD 590 thousand
EBITDA Margin 20 - 30 %
Industries Gas Stations
Locations  Santo Domingo
Local Time 12:44 AM America / Santo Domingo
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Loan
USD 2.8 million for 9.0% annual interest, 6 years (Native Currency: DOP 170,000,000)
Reason: The owner wants to remodel and modernise the pumps, as well as pay off the outstanding loan.
Collateral Available: USD 4.1 million
Includes physical assets worth USD 4.1 million
Business Overview
- The business operates 10 strategically located gas stations across Santo Domingo specializing in the distribution of liquefied petroleum gas (LPG).
- It primarily offers LPG, which is popular among local households and is used by 65% of transportation vehicles in the area.
- Monthly sales for the business average at 200,000 gallons, indicating a strong demand for LPG in the region.
- The gas stations serve a diverse clientele, catering to both the general public and the industrial sector.
- The industrial sector service includes more than 40 small businesses and retailers, showcasing a substantial B2B market presence.
- The business employs 50 dedicated staff members, ensuring efficient operations across all gas station locations.
- Seeking a loan to remodel and modernize their pumps, aiming to enhance service efficiency and customer satisfaction, which could potentially increase sales and profitability.
Products & Services Overview
The best-selling product is liquefied petroleum gas, consumed by housewives and 65% of transportation vehicles.
Assets Overview
* 10 gas distribution plants.
* 2 pipelines with a capacity of 9,000 gallons.
* 1 truck.
Facilities Overview
There are 10 gas stations, each with a land area between 2,500 and 4,000 square meters.
Each station has two dispensers, a submersible water pump, and a fire suppression system.
Capitalization Overview
The company is financed by the income generated by monthly sales; there are two shareholders and two owners; there is a bank loan of 1 million dollars.
Recent Activity
  • Earlier than 15 days
    Director, New York City, Business Broker connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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