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Growing Profitable Limestone Quarry With Land
Location Texas,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $2700000
Net Profit / Cash Flow $550000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 20 - 34
Inventory 1750000
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Training The owner will stay up to a year to train a new owner to ensure a successful transition.
Reason for Sale The owners want to go back to Arizona but will stay a year to train the new owner.
Description Super Deal! Growing Profitable Limestone Quarry with Land!
Price: $2,600,000 Cash flow: $550,000
This is a fast growing Limestone Quarry which serves commercial contractors, stone yards, and residential customers. Sales have increased the last 3 years including 2008. More revenue can be brought in by crushing the excess stone for road base which they currently do not do. Late this year they stopped using their own trucks to ship the rock and that has increased their margins dramatically in the last few months and those savings will also be reflected on next year's bottom line going forward. They are located on the best Limestone vein in the state. They have rock that is both suitable for Dimension stone and as aggregate although they don't currently crush rock which would be another revenue stream for a new owner who wished to crush the rock.
They have geologist reports that there is about 170 years of reserves and have boring reports that confirm they have the highest quality of limestone. Included in the sale along with the equipment is approximately 93 acres of land, several home trailers used as offices, and a modern 2,100 sq ft house with 3 bedrooms located at the peak height of the property where the current owner lives. The current owners were investors from Arizona who wish to go back but will stay up to one year training the new buyer to ensure their success. Email or call Bill Holtzclaw 254 466 6390 for more information on this Limestone Quarry for sale.
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