Approximately 5 million U.S. homes and many commercial buildings are heated by residential heating oil, many of which are in the Northeast or Pacific Northwest regions. If you are considering selling your home heating oil company, there are plenty of potential buyers for your business.

Barry Gosin and his team have worked with dozens of heating oil companies in connection with the acquisition or sale of a heating oil business.   Unlike other brokers that work with a small group of well-known consolidators, we have curated lists of thousands of other strategic and financial buyers who have expressed an interest in buying a heating oil business like yours.

Exclusive Sell-Side Advisors for the Heating Oil Industry

Gosin M&A works only on the sell-side when representing clients in the heating oil industry.  We don’t do buy-side M&A.  Additionally, unlike many business brokers and M&A advisors, we don’t do dual brokerage.  Because we don’t work with buyers to find deals for them, our sole allegiance is to you, our client.  We believe you deserve as much.

Gosin M&A Can Find the Right Buyer for your Heating Oil Business.

The best way to maximize the sale price of your residential heating oil company is to have multiple prospective buyers. On average, we receive 3-6 serious offers for your fuel oil business.  That enables you to select the right buyer.  Given that many heating oil distributors are multi-generational family businesses, business owners typically want to ensure that the buyer will take care of their employees and customers to preserve their legacy.  So, “fit” is very important to most fuel oil dealers. 

Additionally, a robust, competitive process ensures that you receive the right purchase price as well.  And, at least of equal important, the right purchase price structure.  We’ve seen so many heating oil business owners sell their businesses on their own or through other well-known industry brokers purely on a retained gallons basis, otherwise known as an earn-out.  To us, that’s generally unacceptable. 

Many of the well-known industry brokers, and the typical buyers

We know all the active players in the heating oil M&A market.  Beyond that, we have a database of over thousands of potential buyers, including companies in the industry, companies in different geographic markets and companies or individuals in adjacent industries who are looking for heating oil businesses for an array of reasons. Our database includes the following types of buyers, among others:

• Private Equity Groups
• Family Offices
• Heating Oil Companies
• Wealthy Investors
• Home Services Companies
• Companies that want to diversify