Description
of this Texas Business For Sale
Sand and Gravel Business / Businesses For Sale:
This sand and gravel
business for sale is a wholesale and retail supplier of sand and gravel, located
in a rural community approximately 60 miles from the Dallas/Fort
Worth metroplex. Having been in sand and gravel business for over 21 years, the
business has established its name throughout the surrounding communities
and is the supplier of choice for local construction companies,
city, college, and local residents. Approximately 60% of it’s
business is fill for construction pads, 20% from road and driveway
repair, and the remainder being miscellaneous topsoil and landscaping.
The business has several material suppliers and some of it’s
products include:
|
Slate
Fill - foundations
|
|
Gravel
- roads and driveways
|
|
Sand
- miscellaneous use
|
|
Clay
- driveways & horse / livestock stalls
|
|
Washed
Rock - driveways & septic systems
|
|
Pea
Gravel - driveways, roofing & decoration
|
|
Mortar
& Brick Sand - only supplier in the area
|
Assets
The total value of the assets is approximately $235,000, which
consists of equipment / rolling stock, inventory and real estate.
The rolling stock / equipment consists of six loaders, four dump
trucks, two trailers and a pick-up truck. An additional dump truck
is contracted out and paid by the number of yards delivered. The
fair market value of the equipment is approximately $175,200. Inventory
averages $15,000, while the real estate, as described above, has
an approximate value of $45,000.
This
is a sole proprietorship. Therefore, the sale will be structured
as an asset sale.
Year
Established 1993
Number
of Employees
Employees: include four full-time employees, the owner, who manages
the company, and his wife, who handles various accounting/bookkeeping
tasks on a part-time basis. This sand and gravel business for sale has quality, consistent,
and dependable personnel. It’s four drivers have each been
employed with the company for 16, 4, 2 and 1 years respectively.
Inventory
$15,000
Furniture, Fixtures, & Equipment $175,200
Vehicles (included w/equipment - see "Assets" above)
Real Estate
Accounts Receivable
Accounts Payable
Debt
to Assume
Facilities
The facilities are situated on approximately one acre fronting a
heavily traveled city roadway. They include a 16’ x 20’
office and 20’ x 20’ shop. The remainder of the property
is for inventory storage, which is primarily supplied to retail,
drive-in traffic who typically are responsible for their own deliveries.
Lease
Terms
The property is included in the price.
Reason
for Selling:
The owner is retiring.
Length of time selling Owners willing to remain after the sale:
Represented by Broker? Yes - THIS BUSINESS HAS SOLD
If approached by a Broker with a potential Buyer, will owner
be willing to pay a contingency fee at a negotiated rate?
THIS SAND AND GRAVEL BUSINESS FOR SALE HAS BEEN SOLD
