Honeycomb Calcite & Amber Onyx Mine, Stone Quarry (ID: 1147345)

Seller Financing Available!
Asking Price: $1,750,000
Gross Revenue: Not Disclosed
Cash Flow: Not Disclosed
Inventory: n/a
Real Estate: n/a ++
FF&E: n/a
Business Listed by Jason Tucker, J.D., MBAGranite Peaks Mergers & AcquisitionsView All of My Listings
Listing Tools
Contact Business Seller All fields are required
Yes, I would like to receive the BizQuest Buyer's Newsletter. Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)

Business Description

Precious stone mine in Utah producing large blocks, slabs, and smaller stones for use in architectural elements, decor, scultpures, statues, lighting, and counters. Honeycomb Calcite, also known as Amber Onyx, is a marble like stone that is translucent. This quarry contains the only stone like this in the entire world. Current owner has made mine operational, created a customer base where none existed, but has run out of working capital. With many tons of stone unearthed and awaiting cutting, a new owner with working capital can return this mine to full production and make use of the major improvements in large block quarrying the current mining team is using.

About the Business

Year Established: 1995
Number of Employees: 3

Facilities: 60' x 120' shop, multiple storage containers, all mining equipment on 6 acres. Claims are on 1 square mile 10 miles from shop.

Market Outlook/Competition: No competition. Natural monopoly as these are only known veins of this type of stone.

About the Sale

Reason For Selling: Retirement, lack of working capital to put mine into full production.

Training/Support: Current team wants to stay with new owner. Current team has ascended a steep learning curve in working with this new stone.

Seller Financing: up to 50% seller financing available.

Attached Files - Attachment Disclaimer

LISTING KEYWORDS: mine, mining, calcite, marble, granite, slab, quarry, deposit, stone, precious.

Contact Seller
Sell Your Business This listing has been viewed 581 times
Other Utah Manufacturing Businesses for Sale

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 our full Terms & Conditions here.

advertisement