• Listing ID: 1176541
  • (Seller ref: 4301-7077)

Storage And Transfer Business In Ohio For Sale


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Asking price:
Under $500k (Furniture / Fixtures included)
Sales revenue:
$411,478
Cash flow:
$231,973
Years established:
62
Employees:
3FT

1/1


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.


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

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
Furniture / Fixtures value:
$920,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


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