- Advert ID: 650664
- (Seller ref: 12318)
Unique Gravel Pit Opportunity For Sale
- Location:
-
- Canada
- > British Columbia
- > Kelowna
- > Kelowna
- Category:
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Summary
- Asking price:
- $3,400,000
- Sales revenue:
- $2,000,000
- Net profit:
- Available on request
- Years established:
- 8
- Employees:
- 6
Business description
Excellent investment with opportunity to double initial investment. Established gravel pit operation with loyal customer base, low royalties and major transportation route. Experienced employees.
Property information
- Real Estate:
- Lease
- Lease terms:
- 5 year with options to renew
- Location:
- Kelowna, British Columbia with great access
Other information
- Expansion potential:
- Large aggregate reserve. At the current rate of extraction there are 21.6 years of aggregate reserve left. Future sale opportunity.
- Competition / Market:
- No gravel pit with high aggregate quality, low royalties and transportation access in vicinity.
- Support & training:
- Highly efficient long term employees in place
- Reasons for selling:
- Retirement
- Trading hours:
- Monday to Friday, 7 to 5
Contact the seller
need to search again?
- Canada
- > British Columbia
- > Kelowna
- > Kelowna
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