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Businesses For Sale > Business For Sale in Austin, Texas (TX)
Very Profitable Limestone Quarry with Land Substantial Owner Financing!
Austin, Texas (TX)
| Asking Price: |
Gross: |
Cash Flow: |
| $6,500,000 |
$2,865,000 |
$1,300,000 |
Furniture and Fixtures Value:
$2,000,000 (included in the asking price)
Inventory Value:
$2,500,000 (included in the asking price)
Real Estate:
$2,300,000 (included in the asking price)
Business Summary:
This is a very successful Limestone rock quarry , and serves both residential and commercial contractors. Contractors from all over the state from Houston, San Antonio, and Dallas do business with this quarry for both the quality of the rock products they provide and the reliability of having the inventory needed to fill their needs. They have an excellent reputation, many repeat customers. They do not advertise their referrals keep them busy. There is over 38 years of reserves in the ground as per the geological survey conducted 3 years ago. They are situated on the best Limestone vein in the state. They have 3 diamond saws and have the means to ramp up production when it is needed to fill any size order. The 92 acres are less than 5% mined. The company has very successfully been in the quarry business 30 years and bought this rock quarry 3 years ago. The owner is over 60 years old and has a sudden health issue which is the only reason he is selling. Because of that and his confidence in the quarry to continue producing excellent future revenue, he is willing to finance a very significant portion of the purchase price for many years to ensure the new buyer will get a great return. The owner will tran or run the quary for 2 to 5 years. More profit could be made by crushing the excess rock and selling for road base which they don't do. This one is a must see!
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| Year
Business was Established: 1978 |
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| Number of Employees:
12 ft |
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| Facilities / Terms of Lease:
92 acres on the best Limestone vein in the state of Texas |
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| Potential
Growth/Expansion:
Growth can be acheived by advertising and marketing which they do neither. also by crushing the excess rock and selling as road base. |
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| Owner
willing to finance:
Owner will finance a significant portion with extended terms to ensure the new owners success. |
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| Owner
willing to train:
Owner is willing to train or run the quarry from 2 to 5 years if needed. |
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| Reason for selling:
Health and retirement |
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Seller Reference Number: bm1757384006
BusinessMart.com Listing Number: 46460 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
 William Holtzclaw
AWH & Associates L.L.C.
254 466 6390
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