Aggregate Distributor For Sale

Business description

This outstanding 60 year old company has a strong reputation for competitive pricing and reliability. They have a long term, dominant market position that has a very rich tradition. Key products include aggregate sales of limestone, gravel, sand, dirt plus drainage piping and equipment rental. Business has long term supply agreements that provide a solid stream of profit.
Company has an extensive amount of well maintained modern equipment. Major yard equipment includes dredging, loaders, motor graders, excavators, dozers, and more. Rolling stock consists of a large fleet of well maintained company owned trucks and trailers which provide for scheduled deliveries on a timely basis.
Company has a diverse customer base composed of government, construction companies, landscaping entities, and energy companies that provides a diverse, balanced revenue stream. Company has had double digit growth every year over the last 3 years.
Company is strategically located with 2 yards that distribute product. Both are on navigable waterways providing low cost barge transit in and out. One property is leased and the other property is owned by seller’s family. The family owned property has buildings on the property consists of a nice office of about 1500 sq ft and a nice shop of about 3000 sq ft. Sellers own the real estate and would like to retain it for the immediate future. They will lease it for a very favorable lease amount of $3200 per month with a very long term lease with right of first refusal if they decide to sell property. Company also leases a sand pit with payment based on cubic yards extracted.
Business is located in a nice size suburb community that is just a short drive down the interstate from a major metropolitan city with all the amenities. The community is a great place to live and raise a family. There is plenty of very affordable housing, lots of outdoor recreational opportunities and good schools.
Sellers are ready to retire from ownership and are willing to stay on depending on the needs of the buyer. Seller will thoroughly train new owner on this very easy to own and operate business. Seller will assist in transition to new owner with personal introductions to major customers.
Businesses of this high quality and profitability are hard to find. This one won’t last long. Seller is motivated and open to offers. Come see, make offer. Seller will seriously consider and promptly respond to all reasonable offers.

Property information

Real Estate:

Lease

Location:

4500 sq ft

Other information

Support & training:

Available

Reasons for selling:

Other

Trading hours:

Mon - Fri

Furniture / Fixtures value:

$2,100,000

Inventory / Stock value:

$900,000

Contact the seller