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Valley Rice Mill |
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Cherry Valley, Arkansas
Priced at $2,000,000 |
Valley Rice Mill is located on 11.7 acres adjacent to the city of Cherry Valley, Arkansas. Cherry Valley is a regional hub for the rice trade in Northeast Arkansas due to the intense rice farming and the cleaning and drying facility for rice in the area.
Valley Mill is adjacent to the railroad track, running North and South, but currently all rice is trucked in and out. There are future plans to build a spur, if needed.
Valley Mill is one year old and the sale will include all equipment now in use at the mill. See the attached equipment list for a complete breakdown of the equipment.
Valley Mill has a milling capacity of approximately 20,000 bushels per week and currently has over three dollars of milled rice contracted for sale to their buyers. Their main buyers are Meow-Mix and Royal Canine. These contracts go with the sale of the plant.
Labor costs are low. The mill currently has one secretary, one mill manager, and one miller. The mill is operated on a just in time basis, this enables the mill to operate at peak efficiency with rough rice coming in and milled rice going out. This method calls for low inventory of rough and milled rice. When you look at the pictures you will note the small inbound tanks and the smaller outbound tanks.
Valley Mill owners tell us that the net from the plant is $10,000.00 per week.
The Valley Mill’s sale price is $2,000,000.00 cash at closing. | |
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