Somers Meter Service

BUSINESS DESCRIPTION

This 73-year-old company is one of the few businesses in the Northeast region providing and servicing metering systems and accessories for the liquid petroleum and heating oil distribution industry. Average annual revenue over the past three years were over $475,000 with the latest fiscal year having revenues of nearly $540,000.

The company has an extensive and diverse customer base including fuel oil, liquid propane gas, gasoline and asphalt materials distributors as well as other industries where they need to meter liquid product. They enjoy a reputation for quality, reliability and timeliness.

REAL ESTATE & EQUIPMENT

The company leases two buildings totaling 1,810 sq. ft. on a 1.5-acre lot, providing ample parking for customers' vehicles brought in for service. The property owners would also consider a potential sale of the building as well.

REASON FOR SALE

The owner wishes to retire after a long and successful career.

ASKING PRICE & TERMS

OFF THE MARKET

For more information call 518.599.0219.

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