Let GeoTech Realty help you transform your Used Oil Refinery Property into a Lucrative Asset: Uncover the Secrets to Successful Buying, Managing, and Selling!

The United States (U.S.) re-refined base oil market is an established market owing to the well-established infrastructure for the collection of used oil and is expected to grow at a CAGR of 6.56% during 2022-2027 (Source:Reportlinker).

Approximately, 1.3 billion gallons of waste motor oil is generated in the United States. Out of it, less than 75% of it is being re-refined. GeoTech understands this specialized market, U.S. regulation regarding re-refining of used oil, and how it impacts the re-refined base oil market segment. Acquiring or selling used oil refining properties such as transfer stations, processing companies, etc., is a complex process that involves various technical, regulatory, financial, and environmental considerations. Here are some important factors to consider:

1. Environmental Compliance and Remediation
2. Regulatory Approvals and Compliance
3. Site History and Usage
4. Infrastructure and Equipment
5. Market Conditions and Demand
6. Valuation and Financial Analysis
7. Due Diligence and Inspections
8. Liabilities and Contingencies
9. Market Analysis and Comparable Sales
10. Future Use and Zoning
11. Tax Implications
12. Risk Management and Insurance
13. Negotiation and Legal Considerations

It’s essential to work with a team of professionals, including GeoTech environmental consultants, engineers, and legal experts, to ensure a comprehensive assessment and successful transaction