Quarry-Gravel and Wall Stone in New England- Municipal accounts

Seller is retiring - Great Products and Reputation

COMPANY OVERVIEW
Since 1999, the Company has been engaged in the wholesale of high-quality stone and aggregate materials.
•The high-quality natural or crushed and processed gravel products are sourced directly through the Company’s quarry.
•The Company boasts a team of nine employees, including Drivers, General Laborers, Equipment Operators, Administrative Assistants, and Foremen.
•Prioritizing quality and on-time delivery, the Company declines new orders when overbooked, ensuring existing customers receive timely service.
•The Company adheres to rigorous safety protocols and provides comprehensive employee training, demonstrating its dedication to effective risk management.
•Possesses state licensing to transform wood into compost and operates a wood recycling facility capable of processing substantial logs and stumps.

KEY INVESTMENT HIGHLIGHTS
Abundant quarry reserves on 68 +/- acres owned and included, currently amounting to 5.5 million tons of rock, awaiting extraction and use. (Estimated)
•Strong customer loyalty and unique product value.
•Reputation for providing the region's highest-quality stone.
•Resilient business that remained operational throughout the COVID-19pandemic.
•Outstanding community relations and regulatory compliance.
•An integral role in the local disaster recovery initiatives.
•Strategic location in the vicinity of development sites

GROWTH OPPORTUNITIES
•By expanding its operations team, it could significantly enhance its processing capabilities, allowing for the creation of thinstone onsite.
•By expanding its sales and marketing team, the Company could double or triple its production.
•The Company, currently is reliant on its customer base and word-of-mouth marketing, could greatly benefit from increased marketing
•By investing in a wash plant to wash stone, it can diversify its product portfolio and generate additional revenue.

Natural Quarry Products List:
•Gray & Tan Wallstone
•Colonial Tan Wallstone
•Crushed & Processed
•Aggregate Stone
•Grey & Tan Slabs
•Grey & Tan Wallstone
•Grey & Tan Flagstone
•Stone Dust

Services Provided:
•Aggregate delivery
•Wood Recycling
•Stone Crushing
•Gravel Processing

Approximately 10% of sales revenue comes from government contracts. In 2023, there was a notable 53.4% surge in net profit compared to 2022.