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Gravel Quarry with 40+ Acres
Downstate New York |
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A gravel quarry with over 1.500,000 tons of gravel. Currently 1,000,000 tons of gravel are above ground ready for sale. At least 500,000 tons of gravel are still in the water. The 40+ acres of level property surround a pond are zoned for residential use. Once all the gravel is sold, the property can be sold off for housing or you can build and then sell. The quarry can be bought with the equipment or without. No additional permits are being issued in this area. The value of the gravel has been increasing at over 20% per year. The proximity to New York City makes the gravel even more valuable. The owner will not hold any paper. |
Listing Number: 466
Morris Cohen - Listing Broker
122 Ogden Avenue, Dobbs Ferry, NY 10522
Telephone - (914) 674-9580
E-mail -
mcohen@capitalbbw.com
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| Category |
MANUFACTURING BUSINESSES |
| Sub-Category |
Stone, Clay, Glass, Concrete |
| Asking Price |
$0 |
| Gross Sales |
$4,300,000 |
| Cash Flow |
$3,500,000 |
| FFE |
$1,100,000 |
| Inventory |
$0 (Inventory NOT Included) |
| Real Estate |
$2,000,000 (Real Estate IS Included) |
| Employees |
0 - Full-Time
0 - Part-Time |
| Facilities |
Beautiful 40+ acres of level property surrounding a pond. The property is perfect. Clean, level and ready to build on once the gravel is sold. Easy access for trucks to access the property and gravel. There is a small office trailer for the gravel operation. Over $1,000,000 worth of machinery in perfect condition is available for purchase. If not purchased, owner will take it with him. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
There is not enough gravel to meet demand. The price of the gravel goes up at least 20% each year. No more permits are being issued in this county. This makes this product much more valuable as time goes by. The cost to deliver this product also makes this quarry more valuable, since it is located in driving distance to New York City. Approximately 1,000,000 tons of gravel are above ground ready to be weighed and sold. |
| Growth Notes |
The longer you hold on to this gravel, the more expensive it becomes. Plus once you sell all the gravel, you can then either sell the property or build and then sell. |
| Support Training |
Seller will train whoever buys, but most likely the buyer will know about the business and its true value. |
| Year Established |
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| Financing Terms |
Owner will not hold any paper. |
| Reason for Selling |
Seller has additional property further up north and wants to move out of the area. |
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