Printer



Active

Quality-Focused Hot-Mix Asphalt Production! (37943)


Placed in the Northeast, USA, the business provides carefully engineered production and sale of hot-mix asphalt with related construction laydown services. The company has taken efforts to reduce emissions with the use of natural gas to fuel the plant. The 15-acre property features a 12,000 lbs. hot-mix asphalt batch plant that is capable of producing upwards of 170,000 tons per year. The facility includes a state-certified quality control testing lab, a 5,000 sq. ft. garage, scales for trucks, and a silo. The property is also a site for recycled asphalt. Special land permits are in place allowing 24/7 and 365-day operations, however, the business is currently operating at less than 50% of the capacity that the permits allow, leaving room for substantial company growth. Besides a maintained website and some engagement on social media, promotions rely on verbal referrals from a large customer base. Working Capital, Receivables, and current Payables, transferable at the time of sale, the company Revenues in 2023 totaled $7,501,263 alongside Discretionary Earnings of $1,296,722. Thanks to top ratings and ongoing decades of high reputations, Sales Projections reach over $7.6 Million for 2024, with potentials in taking business to next levels through strategic advertising and specialized expansions. The business prefers to sell the property with the transaction. Industry-experienced personnel of 23 non-union employees are most likely to remain post-purchase and assist in flexible transitioning for up to five years. This especially would be a great opportunity to a multinational buyer as the expansive location has additional property rights, night operation capabilities, and plenty of space. This opportunity will not last long, respond immediately for further details.



Listed By: Steve Rafter

Background information

Seller Number:

37943

Year established:

1989

Reason selling:

Time for new ventures.

Finance

Sales:

$7,501,263

Profits:

$1,296,722

Profit type:

Discretionary Earnings

Operations

Employees:

23 nonunion.

Equipment:

$2,500,000

Inventory:

$125,000

Premises

Facility:

Outgoing projects show current Receivables up to $477,000 plus present Prepaids of $58,270.

Square footage:

12,000+/- within a 15 acre lot.

Location:

Property estimated for $5,750,000 is available for optional purchase outside the Asking Price!

Opportunities

Market:

Website, Social Media, Local Sponsorships, and Referral Sources.

Price and terms

Price:

$3,995,000

Financing:

Standard SBA-term financing will be negotiable for qualified buyers.

Owner Transition:

Flexible acclimation for up to 5 years.