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Transportation services company for sale in Latvia

Riga Freeport

Transportation business for sale
  • Sales: >2m Euro
  • Location: Latvia, Riga
  • EBITDA: >800k Euro
  • Reason for sale: Shareholder is looking for a strategic buyer and open to retire
  • EKE023

Overview

Company owns property and offers stevedore services in the Riga free port zone. They provide the service on their own land and on the rental land.

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Profile (strategy) of Riga Freeport company for sale

Company owns two berths with total length 255m, which are located 7.7 NM from Baltic sea. Maximum output of two berths is 2M tons of goods per year.

  • Berth nr. 1: length 125m, max depth 8.5m, loaded ship max depth 8m
  • Berth nr. 2: length 130m, max depth 10.5m, loaded ship max depth 9,4m

Total area of the port is 9.8ha. 5.5ha is owned by the company and 2.4ha, where are out-door storage areas and some roads are leased until 2017. 1.9ha where berths are located and 5 buildings are owned by the company and land lease with Riga Free port is valid until December 2026 with right to extend the lease period.

Activities and or products

Covered warehouse areas:  The total area of covered storage is 4785m2
Open warehouse areas: The total area of open storage is 54 438m2
There are also rail road connections that are connected to Latvian general network. The three rail roads that are owned by the company with total length of 763m

For providing the stevedore services they have:

  • Mobile jib cranes: Mantsinen 120R (2012), AIE 5205 Mi TEREX (2005)
  • Mobile cranes– Catepillar M325D (2010), Terex Atlas 1804 Mi (2006), Terex Atlas 5005 Mi (2004), Fiat Hitatchi MSK Ex550 (2000), Liebherr Litronic A932 HD (1998/1995)
  • Mobile car loaders: TCM FD 60 (2008, 6t) TCM FD 20Z5 (1998, 2t), TCM FD 50Z8 (1999, 5t), TCM FD 60-2.(2000, 6t) TCM FMD 15 (1999, 1.5t)
  • Front loaders: Volvo L 120 (2007/2006)
  • Truck with crane: KC-6471 (1986/1979)

Highlights company for sale

  • Company owns the land and berths in Riga Freeport zone
  • Max. output of goods 2M tons per year
  • Road and rail road access to property
  • Both covered and open storage area

Information about Freeport company

Feel free to contact us for more information regarding this investment opportunity. If this Freeport company for sale does not fit your requirements feel free to ask for other available businesses for sale in this industry.