Texas Limestone Quarry For Sale
Quarry for Sale
Limestone Quarry For Sale:
Contact Name: See: www.QuarriesForSale.com for more information.
Phone: THIS COMPANY HAS SOLD
Email: See: www. Quarries For Sale .com
Type of Listing: Business Broker represented. Will work with other Brokers.
Company For Sale: Limestone Quarry For Sale in Central Texas
Listing Number: mq0225031
Location: THIS COMPANY HAS SOLD
Other Location Description Outside of Austin Texas

CONFIDENTIALITY
For reasons of confidentiality, further information about this company, other than the information located at www.QuarriesForSale.com, will be provided only after the Confidentiality Agreement located here is completed, signed, dated, and faxed to us.


Description of Company
Limestone Quarry For Sale
This company operates a limestone quarry which produces a variety of stone products used for building and landscaping purposes. These builder's stone products are offered in chopped, cut and flag stone in varying sizes to specialty cut stone including smooth-patio, mantels, windowsills, lintels and other specialty cuts. Colors offered include pure white, cream, brown, and blue/gray.

The company's attention to quality differentiates their stone from the competition's. Quality is their primary emphasis established through their own standards of using precise high-quality quarry and diamond cutting saws and hand loading the stone on trucks or pallets to prevent excessive breakage. This means never "scooping" the loads (picking up like gravel with a front-end loader), which is a much cheaper and easier method of loading, but greatly reduces both quality and percentage of usable product. Both of these items, which exemplifies their commitment to quality, minimizes waste and makes the stone easier to install. Customers learn that stone purchased from this company covers more square footage per ton than stone purchased from other quarries. Greater utilization of the product and better quality justifies the customers willingness to pay a premium for this product. This greater utilization of product also helps extend the life of the quarry.

This company also prides itself in repeat business based upon outstanding customer service. They thrive on orders which require specialty cuts. While they do maintain an inventory of standard stone available for immediate sale, the bulk of their work is custom cut to fit each individual order. Customers who have dealt with other quarries are impressed with the ease at which they are able to order and obtain these specialty orders. Many quarries are so interested in "pushing product" that they lose sight of the fact that most building projects require a variety of specialty cuts. This company's superior product quality, attention to detail, and exceptional customer service is what differentiates them from their competition.

Stone masons account for approximately Eighty-five percent of the customer orders, while the other fifteen percent go to building contractors. Orders are either delivered by the company's four delivery trucks anywhere in the state of Texas, or picked up on-site by the customer. Stone has been purchased by customers from across the United States with orders as far away as Mississippi, California, and Idaho, to name a few.

The owner intends to expand the company's capabilities by providing additional custom features. These ideas are being implemented and may be discussed during a confidential meeting.

Description of Staff
The company employs 20 personnel, consisting of 15 production, 2 drivers, 1 mechanic, an office manager and the owner.

Year Established
1996


FINANCIAL INFO:  
Asking Price: $2,500,000 (price includes real estate)

THIS COMPANY HAS SOLD
 
Annual Revenue: $1,500,000
Annual Profit: $700,000 +

Owner Financing?

If yes, what is Minimum Down Payment?

THIS COMPANY HAS SOLD

THIS COMPANY HAS SOLD

 

Real Estate Included?

 

THIS COMPANY HAS SOLD

If yes, approx. real estate value THIS COMPANY HAS SOLD

If no, what are the lease terms?

 
Describe facility(ies)

The company's quarry extends over 62 acres located outside of Austin, Texas. The quarry is underlain primarily by the Georgetown Formation while the lower portion of the property is underlain by the Edwards Limestone. Based upon an assessment of stone resources and production dated December 1999, the remaining production life of the quarry at that time was estimated to be approximately 22.8 years. The tonnage output has not changed significantly since the assessment.

The facility maintains an office, mechanic shop, and two buildings housing separate diamond cutting saws. Production could be increased with additional personnel, but the owners have chosen to concentrate on maintaining exceptional quality.

Square Footage --

 

ASSETS:  
Inventory THIS COMPANY HAS SOLD
Furniture, Fixtures, & Equipment $1,237,000
Vehicles Included in FF&E

Real Estate Value

$395,000

Accounts Receivable

125,000

Accounts Payable 40,000

Debt to Assume

None
Other Assets  

Reason for Selling:
Convert equity to cash. He is also interested in spending more time with his family and not be tied down to the daily activities inherent with ownership. He is willing to remain for a negotiated period of time that long enough ensure a smooth transition and to train the new owners.

Time sellers are willing to remain after the sale:
Long enough to ensure a smooth transition

Additional Information:
Read more about this business at www.QuarriesForSale.com

 

 

 
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