Excavation Mining And Deco Rock Materials Business For Sale

Business description

This “For Sale by Owner” is 2 companies. The first company was founded in 1973 and is an excavation business. The land that is owned by the company is now leased to a material company that is mining for aggregate. There is 2.5 million tons of material still to be mined and the excavation company is doing its due diligence for a land fill on this property. Approximate 7 million cubic yards of material will have been removed after the mining is complete. It would take in the range of 14 million dollars, at today’s prices to accomplish the excavation. The surrounding areas local land fills are reaching their limit and given this location it would serve to meet the land fill void that is fast approaching. This excavation company is strip mining for the material company that has leased the property plus they are doing the required reclamation work for this property. This excavation company is also involved in excavation for housing subdivisions, plus other excavation and grading projects.
The second company was founded in 1999 and is a fully permitted aggregate mine and ADOT approved. They provide Decdo rock materials in all sizes and mixes plus rip rap in all sizes from 3” to 4’. The company currently mines the waste rock left from prior operations and in place material. The company employs two crushing and screening plants and one rip rap plant plus 3 full time workers and 4 part time and a watchman for weekends.

Property information

Real Estate:

Real Property Included

Location:

Company number 1 owns 220 acres for mining and sand pit. There are 3 additional parcels of land south of the pit if still available at negotiations will be included in the sale. The second company owns 108 acres for mining.

Other information

Expansion potential:

Growth and expansion opportunity is available through the due diligence for land fill to fill the void that is fast approaching due to the fast approaching full capacity of surrounding land fills.

Competition / Market:

There is very little competition in this area.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Retirement.

Financing available:

There is no owner financing available.

Furniture / Fixtures value:

$4,000,000 (included in the asking price)