Petroleum Company Seeking Loan in Miami, USA
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 265 thousand |
| Run Rate Sales | USD 354 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Petroleum Product + 1 more |
| Locations | Miami |
| Local Time | 7:49 AM America / Port of Spain |
| Listed By | Business Owner / Director |
| Status | Active |
- The company has established strong relationships with 3 U. S. -based suppliers and a solid client base, facilitating smooth transactions.
- Operates with a streamlined business model that does not require physical inventory management or a dedicated office, allowing for remote operations.
- The owner, originally from Trinidad, manages the business remotely without the need for personal stock handling.
- Engages primarily in the commodities market, focusing on the buying and selling of refined oil products, with an average of 2-3 major orders processed each month.
- Revenue is generated through a commission-based model, earning fees from each completed transaction between suppliers and buyers.
- The business maintains strong EBITDA margins due to its remote operations, minimal staffing, and the absence of inventory or logistics handling, resulting in consistently low overhead costs.
- With a small team of three employees, the business effectively oversees operations while logistics and delivery are managed by suppliers.
- The company does not require any industry-specific licenses or certifications, streamlining its entry and operational processes in the refined oil market.
- Clients are primarily U. S. -based industrial buyers, fuel distributors, and bulk commodity traders.