Cashing Out of the Oil Business

Cashing Out of the Oil Business

Terry Lammers took over the family oil wholesaling business in 1991. By 2010, Tri-County Petroleum was selling $42 million worth of gas and oil, when Lammers decided it was time to cash in.

In this episode, you’ll learn:

  • The definition of a bankable deal

  • How to use acquisitions to fuel your growth

  • The value of creating a brand instead of reselling

  • The danger of a negative cash flow cycle

  • The time-bomb that maybe lurking in your leasing agreements

Listen now.