Industry Leader - Sand, Gravel, Material Handling Transportation and T

Lucas, TX (Collin County)

Seller Financing Available
Industry Leader - Sand, Gravel, Material Handling Transportation and T
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Asking Price: $3,495,000

Cash Flow: $1,288,000

Gross Revenue: $12,951,422

EBITDA: N/A

FF&E: $1,050,000

Inventory: $20,000*

Established: 1994

*not included in asking price.

Industry Leader - Sand, Gravel, Material Handling Transportation and T

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Business Description

This business is a leader in the industry and has a tremendous reputation with its customers, vendors and state agencies. The company operates as a materials handling business hauling sand, gravel, rock and other construction related and aggregate materials direct to construction sites and other directed locations. They own their trucks, trailers and vehicles. The staff consist of long time employees with very little turnover that have been cross-trained to handle any day to day operations. Revenue and profits are growing at a double digit pace and is expected to continue. Value of FF&E is based on fair market value of assets and not book value. The vehicles and trailers are in immaculate condition as they are washed and cleaned daily. You will not find and more accommodating owner and management staff. This is a great opportunity to get into a good business in a great industry.

The business has cash-flowed $1,288,000 for the four months ended April 30, 2015.

Detailed Information

Location:
Lucas, TX
Inventory:
Not included in asking price
Employees:
15 FTE: 1PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located on 2.9 acres of land and with office and shop facilities on the premises. The owner personally owns the real estate and will lease the premises back to the new owner.
Competition:
The market outlook and trends are very strong. North Texas and Texas in general are in a growth period that is expected last for a long period of time. The demand for this product is great and will continue in the future.
Financing:
Seller financing is available on a limited basis to well qualified buyers.
Support & Training:
The owner will assist in a seamless transfer of the business to the buyer. They will make sure that all aspects of the transfer are handled in a professional manner. The owner will stay on for a negotiable period of time.
Reason for Selling:
Other business interests and to spend more time with family.
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Bob Spurlock

Business Listed By:
Bob Spurlock

The Spurlock Group

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