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Growing Profitable Limestone Quarry with Substantial Owner Financing!

| Asking Price: | $3,800,000 | Inventory: | $300,000 ++ |
| Gross Revenue: | $2,100,000 | Real Estate: | $2,000,000 ++ |
| Cash Flow: | $650,000 | FF&E: | $1,100,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is an opportunity to acquire a very successful growing Limestone quarry that has been in operation for 40 years. The quarry operations have moved to a new site 4 years ago just down the road from their previous quarry. They have many repeat customers. They sell to builders, contractors, home owners, stone yards and have many retail accounts like Home Depot. They have a salesman and have been increasing sales in this recession by 20%. At the present rate of production there is over 70 years of reserves in the ground. This comes with lots of assets, the quarry has 156 acres, they have a office building that house 3 offices plus, a 2 bedroom home, a employees quarters, a large mechanic shop that house many pieces of moving machinery, covered equipment facility for the wet saws, choppers, and a new thin Veneer saw (4 months old) that will open an entirely new market line of stone products. They also have their own trucks for rock transportation if it is needed.
Their equipment is newer and they have a mechanic on staff that keeps the equipment in tip top shape. They sit on one of the best Limestone veins in the state. One of the owners wants to retire and one of the owners is willing to stay on for at least a year to ensure a good transition and they are willing to finance a significant portion. There are lots of assets to lend against also. This is a good one with a great reputation and growing, don’t miss out!!
Their equipment is newer and they have a mechanic on staff that keeps the equipment in tip top shape. They sit on one of the best Limestone veins in the state. One of the owners wants to retire and one of the owners is willing to stay on for at least a year to ensure a good transition and they are willing to finance a significant portion. There are lots of assets to lend against also. This is a good one with a great reputation and growing, don’t miss out!!
About the Business
Year Established:1972
Employees:30 full time -
Facilities:156 Acres, an office building with 3 plus offices, a 2 bedroom house, an employee quarters, a large mechanics shop that house lot’s of moving machinery, a huge equipment building that covers all the wet saws and choppers, an electronic scale and more.
Market Outlook and Competition:They have 20% growth this year and now with a new thin Veneer saw they will have new products to offer for more growth!
About the Sale
Management Training and Support:One of the owners will train for at least one year to ensure a smooth transition
Reason For Selling:Retirement
Seller Financing:Owner will finance a significant portion to the right buyer.
KEYWORDS: quarry, stone, limestone
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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