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Vantage Commercial Facilitates Off-Market Sale of Propane Company in Hainesport

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Vantage Commercial is pleased to announce the sale of a large, family-run propane company based out of Hainesport.

Penn Jersey Propane operates a bulk plant along with several bobtail trucks, used to service their substantial customer base in New Jersey. Penn Jersey Propane was owned and operated by Kauffman Gas based in Atglen, PA.

Ken Richardson, Executive Director at Vantage Commercial, worked with Chris Kauffman, owner of Kauffman Gas, to source a buyer for the off-market asset. Ken leveraged his network and secured an interested party within weeks of ownership’s deciding to sell the company.

“I appreciated Ken helping me sell my business and working through the normal deal dynamics along the way,” Kauffman stated.

Jason Allen, at Allen’s Oil and Propane, was the lead on the buyer’s side.

Since 1919, Allen’s Oil and Propane has serviced residences and businesses in Southern New Jersey. Acquiring Penn Jersey Propane enabled Allen Oil and Propane to expand into additional New Jersey markets.

The entire Allen family participated in the negotiations and discussions.

“It was a pleasure working with Ken and Chris throughout the process. Our companies were very well aligned, and the deal went smoothly,” Allen stated.

“Penn Jersey and Allen Oil and Gas are a natural fit. From the initial meeting, Jason and Chris talked about propane and the deal developed from that point. I am pleased that I was able to meet the goals of both families in this transaction,” Richardson stated.

About Vantage Commercial:

Headquartered in Cherry Hill and Philadelphia, Vantage Commercial is a full-service commercial real estate brokerage and advisory firm serving New Jersey, Philadelphia, and Eastern Pennsylvania.

Vantage Commercial specializes in all aspects of commercial real estate including Landlord Representation, Tenant Representation, Healthcare Real Estate Services, Investment Sales and Acquisitions, Multi-Family Sales and Acquisitions, Business Brokerage, Land Sales, Land Development, Property Management, Property Valuations and Advisory.

Vantage Commercial is guided by the core belief that in order to achieve success, we must think like a client but perform like a partner.

We have the optimal team in place to service any commercial real estate project and we work hard to achieve our client’s goals.

Each member of the Vantage Commercial team brings a unique background and perspective to the market.

Combined, we have tremendous, unmatched experience that shows in our success in the CRE market in New Jersey and Pennsylvania.

To learn more about the team, services, or to contact Vantage Commercial, please visit