The owner seeks an equity partner for controlling interest in this refinery service business. The financial projections show repayment to the investor of all funds before any dividends are distributed.
The business owns two patented washing machines for heat exchange bundles, used in refineries and other boiler operations. Currently the bundles are pressure washed to increase efficiency, with resulting potential contamination. The washing machine offers superior cleaning and contains the washing process and effluent contaminants.
Projected Revenues for Year 1 are at $3.6MM; with $1.94MM Net. Projections show substantial profits because of growing environmental concerns and legislation.
Asking Price $3,500,000
Sales Between $2,500,000 and $5,000,000
Profit Between $1,000,000 and $2,500,000
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