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

Seller Financing Available

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.