As a propane business owner, that really is the big question, isn’t it? How are you supposed to know when is the right time to sell your propane company? There are so many variables to consider: Will your customers still receive the incredible service they’ve come to expect? How will a sale affect the career path of your employees? What will the future hold for you?
The above questions are really only the beginning, and chances are you’ve considered all of these, and more, as you’ve been weighing your options. I’m going to be totally honest with you, right here, right now. No one can tell you when is the right time to sell your propane company except for you. If you aren’t totally convinced to sell your propane business, I have one word of advice—don’t.
As the Vice President of Business Development with ThompsonGas that recommendation may sound a bit counterproductive. Yes, Jeff and I could tell you the right time to sell your propane company is today, but in our experience that’s not always the case. In fact, we both suggest that every propane business owner who is considering to sell perform his or her own research.
Do you know what your propane company is really worth? Have you asked the really important questions that aren’t financially based, like how your team members will be treated after the acquisition and what your client base can expect?
You may think once you start inquiring about selling your propane company that the cat will be out of the bag, so to speak, and you’ll be forced to follow through with a sale, even if you’re not ready. That is precisely why we created this website. Here you will have the ability to discover exactly what you must know when it comes to selling your propane business. In addition, Jeff and I have placed our contact information throughout the site so you can communicate with us directly and confidentially regarding any questions you may have.
When is the right time to sell? As I said earlier, every propane company is different—there is no simple answer. What we can do, however, is provide you with all the answers you need to make an educated, informed decision.
Please feel free to call us to discuss your options.
Dan Carrigan 913.638.8677
Jeff Kerns 301.432.3882