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Business For Sale Listing 150034

Ethanol Dehydrate--Have Raised Majority of Funding

Status as of Dec-3-2008 at 06:00 PM: Off The Market

Business Summary

Building a 110 million gallon Ethanol Dehydration Plant in the Caribbean. We have financing lined up but need to raise $2 million to pay for legal and other fees associated with putting the deal together.

We are offering the following for a $2 million investment:

$2.5 million in preferred stock, payable over 2 years at a 12% interest rate. This can be converted into common stock for a 7.5% equity interest in the project.

We ideally would like to find an investor that also needs to buy Ethanol. We are offering an additional 1 cent discount on the sale of up to 20,000,000 gallons per year of Ethanol, which translates to a $2,000,000 savings.


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Industry:
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Industry

Sector: Mining
Industry: Oil & Gas Extraction

Location

Classification: Caribbean & Central America

Financials

Sales: Between $250 Million And $500 Million
Profits: Between $25 Million and $50 Million   (Net income of $37,000,00 first year)
Profit Type: Net Income
Fiscal Year: 2009
Asking Price: Between $1 Million and $2.5 Million
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