River Terminal For Sale

Not Disclosed, OH

Asking Price: Annual Revenue:
Not Disclosed $610,848

Wholesale/Distribution: Durable Goods

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RE: River Terminal For Sale Broker: William White

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $610,848
Net Profit: Not Disclosed
Cash Flow: $365,978
Total Debt: Not Disclosed
FF&E: $920,000
Real Estate: Not Disclosed
Year Established: 1954
Employees: 2
BBN Listing #: 43524955
Broker Reference #: 4301-14995

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Business Overview:

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.

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Property Features and Assets:

Approximately 4+ acres on riverfront with 11 tanks, warehouse and office. Assets: $975,000

Market Competition and Expansion:

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

Reason for Selling:

Owner is absent with other business interests.

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.

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