For Sale - Port Harmon & Quarry

Stephenville, BA

For Sale - Port Harmon & Quarry

Asking Price:$12,000,000

Cash Flow:N/A

Gross Revenue:N/A




Real Estate:N/A


For Sale - Port Harmon & Quarry

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Business Description

Port Harmon is located in Bay St. George on the western coast of the island of Newfoundland in the town of Stephenville, NL approximately 50km east of Cape St. George. Navigational season is year round with adjoining heavy lift airport with direct sights from Halifax. Position: Latitude: 48° - 31' - 46" N. Longitude: 58° - 31' - 30" W.

All inclusive fee simple property acquisition including:
- Working Private Port
- Gravel Quarry with 100+ Million Ton Production permit in place
- Sand Pit with 100+ Million Ton Reserve of clean, salt free deposit
-1600 Acres of adjoining fee-simple land

- 100M+ tons of construction grade aggregate reserve with
- Additional possible reserves of up to 400M tons
- Aggregate quality alluvial tested by Stantec Consulting Ltd. Feb 2013
- High-grade, high-alkaline granite and sand
- Quarry aggregate meets ready mix concrete quality standards
- Sand vein running from the port basin for ability to supply blended products
- 100 million ton development quarry permit in place issued by the Province
- Quarry is located on the foreshore, with low cost logistics via barging/port facility
- Only foreshore permit of this magnitude for quarry operations with water access to international markets
- High quality granite for Armor rock, ballast and other high demand products
- Expression of interest from Turks and Caicos to purchase bulk of production for Panama Canal route expansion
- Original owners retain $2/ton royalty on quarry only
- Estimated investment cost of commercializing production of quarry and barging facility $4-6M
- Access to recycling ponds and aggregate washing

- Port Harmon harbor is approximately 2.75 km by 1.25km with an area of 3.2km square
- Dredged to 10.1 meters with a 450 meter turn basin
- Port land holdings cover a total area of over 900 acres incl buildings, docks, and infrastructure
- Facility has a paved yard area of 200,000 sq. ft., and a 1500 ft. repairing quay
- Port has a 100,000 sq. ft. warehouse divided into 3 bays of 100 ft. x 330 ft. with 42 ft. high
- Port Harmon has accommodated ships as large as 171m LOA
- Port site includes approximately 1,600 acres of adjoining fee-simple land
- Over 375 acres of dockside property to be used for future dockside leasing and development

Attached Documents

Detailed Information

Real Estate:
Included in asking price
Building Sq. Ft.:
Included in sale
Market Opportunity: - In New York State 8 quarries closed in the past decade due to exhaustion and urban encroachment - Expression of interest from Turks and Caicos to purchase bulk of production for Panama Canal route expansion - Other island based quarry operators successfully delivered sand and gravel products with DOT approval to: - New York, - New Jersey and - Connecticut markets
Port Operations operating at break-even point.
Support & Training:
Business Website:

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Business Listed By:
Ernest Bednarz

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