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Business For Sale

Custom Oil Refining and Marketing

Houston, TX, USA

Manufacturing: Chemicals

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
$5,200,000
Not Disclosed
$1,832,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1991
8
20016971
Owner Financing is Available
Owner will consider financing 1/2 the purchase price.

Business for Sale Overview:

This company purchases oil related byproduct feedstocks from refineries and then refines these into products which they then sell to customers throughout the Gulf Coast area.. The company leases storage tanks at area refineries where both their feedstocks and refined products are stored. Purchased feedstocks can arrive by barge, rail, or truck. The business operates on 2 acres of property located in close proximity to the Houston Ship Channel and many area refineries. They have about 10 tanks on their property used for multiple purposes. The company operates a fleet of 4 Trucks (and 13 trailers) to transport product for their operation or for 3rd party hire. The property also houses a small biodiesl plant that was operated when market conditions were favorable. The business operates with about eight employees most all of which have been with the company for many years. Owner is willing negotiate a favorable transition period for the buyer.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Estate Planning

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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