Large Certified Clay Operation for Sale-Profit Potential of $30+ M

Saint James, LA (Saint James County)

Aerial Photo of the Subject Property

Asking Price:$9,000,000

Established:2008

Large Certified Clay Operation for Sale-Profit Potential of $30+ M

Get Financing Save Print Share Valuation Report

Asset Sale Description

Take advantage of the opportunity to profit from the rebuilding of the Louisiana Levees damaged by the hurricanes of Katrina, Rita and Isaac. Buyers have secured the ability to buy Army Certified clay required in the rebuilding of those levees at a substantial discount allowing for an outsized profit. Other advantages too numerous to mention here.

Detailed Information

Facilities:
Louisiana Earth Corps, LLC was founded with the mission of supplying certified clay material for the Hurricane Protection System for the U.S. Army Corps of Engineers' demand for more than 100 million tons of clay material. LEC has certified over 25 million tons of clay material through the Army Corps process on its 565 acre Paulina, Louisiana property in St. James Parish, which is known as Big Shake Pit. LEC is offering for sale 9.7 million tons of that clay. Big Shake Pit is the only approved pit in St. James Parish. Current market prices for certified clay average around $6 per ton which after payment to the landowner of $1.50 per ton leaves $4.50 per ton or almost $35 million in profit.
Reason for Selling:
To pursue other interests

Listing Statistics for Premium Members

Ad#:1055888 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Camm Morton

Asset Sale Listed By:
Camm Morton

VR Business Sales Baton Rouge

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

Find out more...

Get more details about this business.