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Quality-focused Hot-mix Asphalt Production! (37943) For Sale

US
Asking Price:
$3,995,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$7,136,837
Cash Flow:
$300,000

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.

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