New Price Reduced Asphalt Mixing Plant In Great Market Area For Sale

Business description

This is a brand new location for this fully refurbished Asphalt Mixing Plant in a very attractive, high growth market area. The plant is located in Coastal, SC. It was just recently completed and operations will commence in July, 2008. The plant was constructed by a very experienced family in the Asphalt business. They selected the market area, located the site, designed the layout and personally insured a perfect installation. They have also designed a concrete plant to be located on site; the permits have been secured and the site is ready to begin operation. There are only two other Asphalt plants in the area and the market is growing dramatically. Due to unanticipated personal considerations, the plant is being sold. The price is very attractive for this like new facility which also includes a Volvo loader and a concrete plant permit. This is a very good business opportunity for a new owner.

Property information

Real Estate:

Lease

Lease terms:

The property is leased for four consecutive five year lease periods.

Location:

The facility is very well located in the middle of a great market area.

Other information

Expansion potential:

The business has just been started. It is anticipated that the site will become a major supplier in the market area. Of equal importance is the concrete permit that comes with the asphalt plant. This permit is very difficult to get. And the future concrete market opportunity is equally significant.

Competition / Market:

There are only two competitors in the area. Independent asphalt paving companies welcome a new alternative supplier that is focused on serving their needs.

Support & training:

Seller will provide whatever training and support is required and agreed. Seller would consider an extended transition plan if needed.

Reasons for selling:

The owner is retiring.

Financing available:

Bank/SBA financing is available. Seller will consider financing a portion.

Furniture / Fixtures value:

$100,000 (included in the asking price)