Company: SPH
Filing Date: 2025-11-26
Form Type: 10-K
Source: 0001193125-25-298630
Chunk: 20

Company: SUBURBAN PROPANE PARTNERS LP
Filing Date: 2025-11-26
Form: 10-K
Item: Item 2
Chunk 20
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As of September 27, 2025, we owned approximately 75% of our customer service center and satellite locations and leased the balance of our retail locations from third parties.  We own and operate a 22 million gallon refrigerated, above ground propane storage facility in Elk Grove, California.  Additionally, we own our principal executive offices located in Whippany, New Jersey.

The transportation of propane requires specialized equipment.  The trucks and railroad tank cars utilized for this purpose carry specialized steel tanks that maintain the propane in a liquefied state.  As of September 27, 2025, we had a fleet of 18 transport truck tractors, of which we owned 11, and 33 railroad tank cars, of which we owned none.  In addition, as of September 27, 2025 we had 1,107 bobtail and rack trucks, of which we owned 10%, 93 fuel oil tankwagons, of which we owned 16%, and 1,249 other delivery and service vehicles, of which we owned 23%.  We lease the vehicles we do not own.  As of September 27, 2025, we also owned approximately 829,000 customer propane storage tanks with typical capacities of 100 to 500 gallons, 55,000 customer propane storage tanks with typical capacities of over 500 gallons and 254,000 portable propane cylinders with typical capacities of five to ten gallons.