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Alternative Fuel - Biodiesel

Location  Texas,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $150000
Net Profit / Cash Flow  $150000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Looking for investors.
Description  We manufacture and sell biodiesel an alternative to petroleum diesel. We collect our own oil and process the vege oil into fuel. We have the capacity to produce 24,000 gallons per month. Our average profit per gallon is $3.00. This does not include the tax credit of 1.00 per gallon on any oil. This tax credit has been extended until the end of 2009. With the current national average of $4.48 for petroleum diesel sales are increasing dramatically. We are looking for investors to fund part of operating expenses, upgrades to the plant, opportunities to broker finished fuel, and research and development for feedstock oil from algae. We have been operating since the end of 2006. We are looking for $500K. if you are interested please email Jason Rose for more information on this Alternative Fuel - Biodiesel business for sale.
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