River Terminal For Sale

Business Overview:

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.

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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:

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