River Terminal For Sale

Ohio
listing image
Cash Flow:$314,161
FF&E:$920,000
Gross Revenue:$543,615
Established Year:1954
BUSINESS DESCRIPTION

This Tank Farm provides a brokered service of storage and transfer of a variety of light industrial 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. Product is brought in by barge and routed to the appropriate storage tank through various pipelines and delivery systems, whereby it is stored and eventually disseminated via tanker truck. Weight and transfer fees are collected. Conversely, product is brought in via tanker truck, stored and eventually disseminated via barge. This terminal is properly registered and in good standing with the appropriate authorities. EPA approved retaining wall exists with appropriate certified flood control.


DETAILED INFORMATION
Location
Ohio
Inventory
Not Included in asking price
Real Estate
Leased
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Approximately 4+ acres on riverfront with 11 tanks, warehouse and office.
Competition
Somewhat normal competition, realizing that there are a limited number of river terminals available to industry.
Growth & Expansion
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.
Support & Training
Will train for 3 weeks @ $0 cost.
Reason for Selling
Owner is absent with other business interests and wishes to pursue these interes
Report an Issue with this listing
profile-img
William
White
logo-img
William White