BUTLER, Ind. -- Laub Bros. Oil Co. Inc., Butler, Ind., is selling off its remaining five sites.
The sites are in the northeast region of Indiana and the northwest part of Ohio. In Indiana, the sites are located in Butler, Harlan, Leo and Waterloo; in Ohio, the Ohio property is in Archbold. Four of the five convenience stores with gasoline are Shell branded. The sites will be sold debranded unless the purchaser is a Shell distributor.
The retailer has retained the Energy Exchange, Chicago, to handle the sale.
Laub Bros. Oil President Doug Laub said, I am looking at other challenges and investments outside of the oil and gas industry at this time, and so I am hopeful for an eager and enthusiastic buyer for the Laub Oil chain. At this point in my life, I am going to focus on one business instead of two. My father, who is the second generation of leadership in the Laub Oil business, is retiring. We founded Laub Oil in 1939 with the first gas station in Butler.
The properties are being sold under The Energy Exchange's Dealer 2 Dealer program, which benefits individual owners and operators by employing several confidential listing options.
Under the D2D program, buyers are required to sign a confidentiality agreement and pre-qualification worksheet before receiving site specific information as well as financials.
For more information, contact The Energy Exchange at (866) 906-7499 or at www.energy-xchange.com.
The Energy Exchange is a real estate firm specializing in the sale of gas stations and c-stores nationwide.Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.