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Custom Oil Refining and Marketing
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | $5,200,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $1,832,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Projected 2009 | |||
| Cash Flow Comments: Projected 2009 | |||
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.
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.
About the Business
Year Established:1991
Employees:8 full time -
About the Sale
Management Training and Support:Owner willing to stay as employee for as long as necessary.
Reason For Selling:Estate planning
Seller Financing:Seller will consider financing 1/2 the purchase price.
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Industry: Chemicals
Segment: Other Chemicals Next Listing: Custom Oil Refining and Marketing
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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