WELL ESTABLISHED BUSINESS FOR SALE
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Property Type:
|
Business Opportunity
for Sale
Building and Construction Services, Business Services, Wholesale and Distribution
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| Building Size (RSF): |
0 SF
|
| Sale Price: |
$10,000,000 |
| Name of Establishment: |
Donaho Stone & Trucking Company |
| Year Business Established: |
1993 |
| Gross Revenue: |
$2,800,000 |
| Cash Flow: |
$700,000 |
| Cash Flow Type: |
Seller's Discretionary Earnings |
| Home Based: |
Yes |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
9/1/2010 |
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14 YEAR WELL ESTABLISHED STONE AND TRUCKING COMPANY BUSINESS FOR SALE! Gross annual sales range from $2.5 million to $3 million + with a stone inventory in the amount of $450,000. on site, and large equipment, trucks, trailers, and vehicles valued at approximately $2.4 million. Yearly business cash flow excluding fixed assets ranges from $450,000 to $700,000. The business also has multiple quarry leases that are transferrable to a new owner and seller will provide additional leases to insure the new owner an unlimited amount of product to sell. The new owner of this business will possess the name of the company, all phone numbers, and approximately 300 current customers. The business property sits directly off U.S. Highway 270, Wister, OK, and consists of 22.87 acres with 3 buildings on site. One 30x30 building with upstairs attic space for future growth, 1 building at 40x100 with 5-bays and a concrete slab for expansion of 20 feet, and 1 building at 8x20 for office or storage space. Current Operation's Supervisor, could stay, per negotiations. The site is on the north side of 270 and is approximately 15 miles from Poteau, OK, and 35 miles from the Arkansas border. This area of Oklahoma consists of rolling mountainous terrain with excellent highways/roadways which allow this type of product to be transported easily. There are a number of stone quarries in this area, so obtaining product is not and issue. The subject site is approximately 1 mile from downtown Wister, the stockyards are located across the street from highway, and CR-147 is the road directly east of the subject site
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| Nearest MSA: |
Fort Smith |
| County: |
LeFlore |
| Industry Segment: |
Other Services |
| Reason for Selling: |
Seller wants to semi retire and go fishing! He owns a lot of property wants to run cattle and horses. |
| Value of Inventory Included ($): |
$2,400,000 |
| Real Estate Status: |
Real Property |
| Value of Real Estate Included ($): |
$625,000 |
| Employee/Labor Description: |
1 Operations Supervisor, 2 Mechanics, 4 Mine Supervisors Equipment Operators, 2 Office Personnel, 1 Accounting Personnel |
| Mgmt/Training Support Description: |
Supervisor operating the company has been with the company for 12 years and could possibly stay, per negotiations. |
| Competition/Market Description: |
The new owner by purchasing the name of the company, all telephone numbers, and a current customer base of approximately 300 customer is definitely at an advantage over his competition. |
| Growth/Expansion Opportunities: |
Unlimited based upon new owners drive and work ethics. |
| Seller Financing Description: |
Seller could possibly carry a portion of the financing which is subject to negotiations. |
2000 CensusDemographic Statistics |
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
869 |
1,625 |
2,718 |
| Median Age: |
37 |
37 |
37 |
| Households: |
352 |
645 |
1,048 |
| Avg. Household Income: |
$36,840 |
$37,073 |
$38,228 |
| More Demographic Statistics |
For More Information, Contact… |
| Note: The information presented herein is provided as is, without warranty of any kind. Neither Commercial IQ nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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