Sand and Gravel Excavation and Supply For Sale

Business description

Our Client purchases and sells aggregate products within a 100 mile radius of the Company’s headquarters in south Texas. The company selects the best products available by contracting with land owners to excavate the materials or purchase the aggregate from local quarries. Some products are processed or screened and then delivered to local customers. The Company also builds new roads, repairs existing roads, excavates land and clears brush and trees. In 2007, gravel, sand and top soil generated 70% of revenue; trucks and machinery 19%; washed gravel and sand 9%; and other miscellaneous services and supplies 2%.

Some of the company's highlights include:
• Superior Reputation: The Company enjoys a long-standing (18+ year) reputation for meeting and exceeding the expectations of its diverse customers.
• Outstanding Growth Opportunities: Company has grown from $1,081,000 in 2005 to $1,539,000 in 2007. Management is currently turning down projects due to lack of resources.
• Low Employee Turnover: Company has maintained a 93% employee retention rate from 2005 to 2007. Employees are paid well, receive excellent benefits, and work in a great environment.
• Aging US Highway System: America’s highway and transportation infrastructure needs repair. Hundreds of bridges nationwide have been closed due to safety concerns. The Federal Highway Administration estimates that $50 billion is needed annually just to repair and maintain the nation’s highways. With the 2005 approval of the Transportation Equity Act for the 21st Century (TEA 21), millions of public works dollars are available through 2009 for road construction and repair throughout the country. Road construction and repairs increase the demand for aggregate products.