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Business Opportunity Benonite Factory In Romania

Location  Romania
Asking Price Range  $500K - $1.0M
Gross Revenues  $3000000
Net Profit / Cash Flow  $12000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1991
Number of Employees  50 - 99
Relocatable  Not Disclosed
Number of Employees  50 - 99
Real Estate  Owned
Description  Romanian company, beneficiary of a project grant, with total value of 3,000,000 Euro, of which 1.5 million Euro are grants from the EU (according to the project already in progress) is looking for a partner to complete and develop a business investment. The current owner of the project is able to provide financing of 800,000 Euro, and is looking for a financial partner to co-finance the project with the sum of 1,400,000 Euro, of which 700,000 Euro are co-financing their contribution up to the amount of 1,500,000 Euro and 700,000 Euro for short-term financing of the rest of VAT for the project. The project has as purpose the construction of production and storage facilities, the purchase of necessary equipment and machinery as well as development and implementation of an innovative technology that is based on bentonite using microwave drying. This technology is simple, ecological and does not involve high energy consumption. Drying, enabling simultaneous microwave is a new technology, unmatched in other bentonite plant in Europe, which was successfully tested in laboratories and by implementating it, a low production cost and sustainable development can be ensured. The company has ownership of of 1.25 ha where the plant will be developed, a planning certificate is already approved. The raw material is located near the location which has access to electricity and easy access to road and railways.
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