Investment offer:
Urgent sale of a 7.7-hectare investment land plot located directly by the Poti Port (300 meters). 3.1 hectares currently operate as a customs zone and a functional terminal for new and used vehicles and cargo (cadastral codes: 04.01.07.1012, 04.01.07.997, 04.01.07.810, 04.01.07.1093).
The remaining 4.6 hectares (04.01.07.1094) is an investment plot suitable for terminal business development.
Operating terminal characteristics:
• 14,400 FFE containers
• 57,000 vehicles
At 70% capacity:
• annual income — $2.16 million
• annual EBITDA — $1.6 million
• EBITDA margin: 74%
Development plans for the 4.6 hectares include a dry general cargo terminal (Sector 2-1 / on 3 ha) and an oil terminal (Sector 2-2 / on 1.6 ha).
Sector 2-2 / 1.6 ha oil terminal:
• tankers, 12,000 tons
• railway branch
• railway for 15–18 wagons
Terminal construction cost: $6 million
Construction time: 2 years
Terminal capacity: 500,000 tons per year
At 60% capacity:
• cargo throughput: 300,000 tons per year
• annual income: $3.6 million
• annual EBITDA: $2.7 million
• EBITDA margin: 75%
Offer for interested parties:
Upon interest, the following are possible:
• expansion of the territory up to 10 hectares and registration of a Free Industrial Zone
• long-term lease of the port berth for operations
Sale options:
• company sells 100% share (7.7 ha / Sector 1 and Sector 2) for $20 million
• company sells 90% share for $18 million
• company sells 50% share for $10 million
• company sells 4.6 ha land plot (Sectors 2-1 and 2-2) for $200 per sq. m
Other forms of partnership are also considered.