Placed in the Northeast, USA, the business provides a 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 2022 totaled $7,136,837 alongside Discretionary Earnings of $836,966, EBITDA’s up to $550,187. Thanks to top ratings and ongoing decades of high reputations, Sales Projections reach over $7.6 Million for 2023, 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.
- Asking Price:
- $3,995,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $7,136,837
- Cash Flow:
- $300,000
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
Property estimated for $5,750,000 comes included in the Asking Price!
- Premises Details:
-
Outgoing projects show current Receivables up to $477,000 plus present Prepaids of $58,270.
- Size in square feet:
- 12,000+/-
Business Operation
- Reasons for selling:
-
Time for new ventures.
- Trading hours:
-
24 / 7 Service Year Round.
- Employees:
- 23 nonunion.
- Years established:
- 1989
Other Information
- Support & training:
-
Flexible Owner Transitioning for up to 5 years.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Standard SBA-term financing will be negotiable for qualified buyers.
- Furniture / Fixtures value:
- $2,500,000 - included in the asking price
- Inventory / Stock value:
- $125,000 - included in the asking price