Storage And Transfer Business In Ohio For Sale

Business description

This company provides a brokered service of storage and transfer of Styrene and other 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.

Property information

Location:

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

Business Operation

Expansion potential:

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 / Market:

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

Reasons for selling:

Absentee owner wishes to pursue other interests

Trading hours:

Mon-Fri 7am-6pm

Employees:

3FT

Years established:

62

Other information

Furniture / Fixtures value:

$920,000 (included in the asking price)