Sell My Propane Business In Crookston, MN
2025 Propane Company Sales
Legacy Energy Consulting Closed
- 6 Propane Companies Sold in 2025 Over $95mm
- 27 Propane Companies Sold Since 2020 Totaling Over $280mm
ACQUISITION CONSULTING SERVICES
- Full comprehensive business review and valuation of your propane business
- Local, regional, and national marketing of your business, leveraging 50+ years of industry experience to maximize its value
- Step-by-step representation throughout each phase of the process
A brief summary of the extensive services Legacy Energy Consulting provides:
Seller representation:
• Prepare a detailed offering package to present to buyers
• Use our un-matched industry relationships to present your business to upwards of 20 buyers in most markets
• Manage the entire process from offering to closing
Business valuation and improvement:
• Prepare a market valuation based on current business information and advise on changes to add value
What Our Clients Say
“When we decided to sell our family business, it was a difficult decision to sell the company that we had spent the last 34 years building. We received exceptional guidance from Chad, Tyler, and the entire Legacy Energy Consulting team. They made the transition smooth and understood the importance of finding the right buyer that aligned with our values regarding customer service and business culture with our employees. We are very pleased to know that our employees, customers, and communities will be in good hands.”
The Griffin Family, Griffin’s Propane, Silver City, NM
Business Sales Process
- Initial discussion with Legacy Energy Consulting (“LEC”) to discuss your business, goals, and process, and to determine an estimated business value.
- Upon deciding to proceed, a consulting agreement is carried out with LEC.
- LEC provides an information request template for you to supply the necessary data to build the Confidential Information Memorandum (“CIM”) that will be shared with potential buyers.
- Once the CIM is completed, a more accurate valuation range will be provided to you.
- LEC prepares a confidential teaser regarding your business to share with potential buyers.
- Non-Disclosure Agreement (“NDA”) is prepared by LEC and sent to potential buyers.
- The CIM is presented to buyers who have executed NDAs.
- Letters of Intent (“LOI”) are typically due within 4-5 weeks.
- LEC compiles a summary of all received LOIs and discusses each one with you.
- After selecting a buyer, the due diligence process by the buyer begins and LEC navigates this process with you
- As due diligence progresses, the buyer will provide a draft of the Asset Purchase Agreement (“APA”), which is required to close the sale.
- Once the buyer's due diligence is satisfied and the APA is finalized, closing can occur.
- The entire process typically takes approximately 6 months to complete.
Business Valuation Process
- Initial discussion with Legacy Energy Consulting (“LEC”) to discuss your business, goals, and process, and to determine an estimated business value.
- Upon deciding to proceed, a consulting agreement is carried out with LEC.
- LEC provides an information request template for you to supply the necessary data to build the Confidential Information Memorandum (“CIM”)
- Once the CIM is completed, a more accurate and detailed written valuation range will be provided to you along with an explanation of key indicating factors that determine the value and why, along with industry comps
