Rice Mill for Sale in Cotui, Dominican Republic
Reputed rice mill serving 100 plus retail clients and the government is up for sale.
| Established | 50-60 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 6.7 million |
| Run Rate Sales | USD 6 million |
| EBITDA Margin | 13 % |
| Industries | Rice Mills |
| Locations | Cotui |
| Local Time | 7:16 AM America / Santo Domingo |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
5.6 million
(Native Currency: USD 5,600,000)
Reason: The owner is planning to retire from the business.
Includes physical assets worth
USD
5.6 million
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Business Overview
- Situated in Cotui, the rice mill benefits from excellent connectivity and proximity to key markets, enhancing logistical efficiency.
- Robust Milling Capacity: The mill can process between 12-15 tons of rice per hour, supported by advanced machinery for milling, drying, sorting, and packaging, ensuring high production volumes.
- Extensive Storage Facilities: With a dry rice storage capacity of 2,000 tons and white rice storage of 4,500 tons, the facility is equipped to handle large-scale operations and seasonal demands.
- Occupying 112,804 square meters, the location offers ample space for further development or diversification of operations, attracting interest from builders for potential solar panels, apartments, and other infrastructure projects.
- Possesses all necessary permits and licenses required to run a fully operational rice mill, assuring seamless business continuity.
- With 45 years of industry experience and direct contacts with farmers, the mill sources rice both locally and from international markets, such as the US, Vietnam, Thailand, and Pakistan.
- Offers a variety of rice including white rice and medium to long-grain rice, catering to over 200 retail clients and government contracts, securing a stable revenue stream.
- We will provide support of 1-2 years to the buyer so that they can smoothly transition into this business.
- Our monthly sales have dropped because we have many other businesses to look after and due to old age issues.
- This sale includes the entire business, encompassing the land, building, and machinery associated with the rice mill.
- Currently, we have 26 employees who help us with the efficient processing of the rice so that we can supply it to our clients.
- Robust Milling Capacity: The mill can process between 12-15 tons of rice per hour, supported by advanced machinery for milling, drying, sorting, and packaging, ensuring high production volumes.
- Extensive Storage Facilities: With a dry rice storage capacity of 2,000 tons and white rice storage of 4,500 tons, the facility is equipped to handle large-scale operations and seasonal demands.
- Occupying 112,804 square meters, the location offers ample space for further development or diversification of operations, attracting interest from builders for potential solar panels, apartments, and other infrastructure projects.
- Possesses all necessary permits and licenses required to run a fully operational rice mill, assuring seamless business continuity.
- With 45 years of industry experience and direct contacts with farmers, the mill sources rice both locally and from international markets, such as the US, Vietnam, Thailand, and Pakistan.
- Offers a variety of rice including white rice and medium to long-grain rice, catering to over 200 retail clients and government contracts, securing a stable revenue stream.
- We will provide support of 1-2 years to the buyer so that they can smoothly transition into this business.
- Our monthly sales have dropped because we have many other businesses to look after and due to old age issues.
- This sale includes the entire business, encompassing the land, building, and machinery associated with the rice mill.
- Currently, we have 26 employees who help us with the efficient processing of the rice so that we can supply it to our clients.
Products & Services Overview
The top-selling product of our business is white rice. We supply it to retailers and the government.
Assets Overview
Tangible assets-Machinery, building, and land.
Intangible assets-
Certification of registration and import-export license.
Facilities Overview
We own land of 112,804 sq. ft. We have 2 offices. The built-up area of both the office is 250 sq. ft.The height of the mill is 86 ft.
Capitalization Overview
The business is presently funded by the owners. We have 5 shareholders with a shareholding structure of 95%, 2%, 1%, 1% and 1%.Currently, we have an outstanding loan of USD 1.3 million which will be cleared once we find a suitable buyer.
Recent Activity
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Earlier than 15 daysManaging Director, Dubai, Financial Consultant connected with the Business
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