MergerPlace

River Terminal For Sale

Ohio


  • Asking Price: Not Disclosed
  • Gross Income: $610,848
  • Cash Flow: $365,978
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $920,000
  • Listing ID: #214554
  • Established: 1954
  • Employees: 2 FT

Business Description

This company provides a brokered service of storage and transfer of a variety of light oils. The company has 11 storage tanks on the property with capacities ranging from 5,000 to 30,000 barrels. Tanks are insulated and in some cases heated for enhanced quality storage. The product is brought in via the river terminal and through various pipelines and delivery systems. It is routed to the appropriate storage tank whereby it is stored and eventually disseminated via tanker truck, weighed and transfer fees are collected. This terminal is properly registered and in good standing with the appropriate authorities. EPA approved retaining wall exists with appropriate certified flood control.


Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: Ohio

Company Information

Year Established: 1954
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Gross Revenue: $610,848
Cash Flow: $365,978
FF&E: $920,000
Seller Financing Available: No

Property Information

Facilities:

Approximately 4+ acres on riverfront with 11 tanks, warehouse and office.

Growth & expansion opportunities:

The tanks are not currently being utilized to their full capacity, so there is tremendous potential for growth for this business. A new owner can also grow the business beyond utilizing current tanks by adding additional tanks.

Competition:

Somewhat normal competition, realizing that there are a limited number of river terminals available to industry.

Reason for selling:

Owner is absent with other business interests and wishes to pursue these interests

Support & Training:

Will train for 3 weeks @ no cost.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

William White

Murphy Business Brokers