Business Summary:
This business was established in 1990 specializing in all aspects of road building, excavation, utility and site work. The operation crushes seven different products that are used on the jobs they bid; gravel products are also sold and delivered on a retail basis. The rock crusher and scales are portable and can be moved to jobs as needed. Other assets include dump trucks, a dozer, water truck, backhoe, rollers, leased front end loaders along with miscellaneous equipment.
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| Year
Business was Established: 1990 |
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| Facilities / Terms of Lease:
Location improvements include a shop and office. The owner estimates there are approximately 268,000 cubic yards of stripped pit run inclusive of the 10 acre permit area. The pit is operating under a 15 year Conditional Use Permit; there are few permitted sources in the area. Water rights run with the property and there is a domestic/irrigation well 16” x 600’ deep with pump for domestic use. |
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| Potential
Growth/Expansion:
A new owner could expand on the foundation of business laid by the current owner. Once the gravel is mined from the acreage it will be a nice development property. The location has experienced explosive growth over the last five years with high end development surrounding the gravel pit. |
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| Competition:
There are numerous strengths of this opportunity including an excellent material source; the aggregate has been tested and used for various state an federal projects. Being one of only a few sources in the area is another bonus. Road work and infrastructure projects are a big portion of the stimulus package; this will be an excellent opportunity for an operator to capitalize on upcoming projects funded through the government. |
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| Owner
willing to train:
The owner would like to semi-retire but would stay on through a negotiable transition period. |
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Seller Reference Number: BB4056
BusinessMart.com Listing Number: 61354 |
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