Selling Price $2.8 million
An opportunity is now available for astute investors interested in the industrial sand supply industry.
This well-respected and stable business has been serving a broad and consistent customer base along the east coast for over four decades, delivering high-quality products for a range of applications including. pre-cast products, grouts, roofing, and construction bonding.
Due to the imminent relocation from the current site, the business is exploring the potential sale of its Dried Sand division. The aim is to attract serious buyers while simultaneously reviewing relocation alternatives.
- Sales Turnover 2023: $3,541,173
- Sales Turnover 2022: $2,939,805
- Net Profit 2023: $1,225,527
- Net Profit 2022: $798,406
- Staff wages: $8,161.38
- Annual Capacity of the Plant is 60,000 tonnes per annum.
The business features a state-of-the-art fluidised dryer, capable of grading and screening kiln dried sands to meet customer specifications and industry standards. The product range includes various dried sands renowned for their superior silica content (> 99%), minimal impurities, and uniform grading. These products are delivered in bulk bags or other sizes or can be dispatched directly from the silos.
Over the past few years, approximately 71% of the sold products have been the Dried White product, with a remarkable 90% of those volumes sold to a select group of ten customers. This demonstrates the strength and depth of their customer relationships.
The operational team includes 4 employees and 2 contractors who ensure the efficient running of the Dried Sands business. A suitable handover period will be part of the sale process to guarantee seamless continuity of product knowledge and customer relationships.
The business operates a gas-fired drying plant, supported by two 15T hoppers and six 100T silos, able to accommodate a variety of dried sand product needs. Two tankers service all customers who do not request bulk bag deliveries, while a third-party contractor handles bulk bag orders.
Sales in recent years have averaged around $2.5 million, with Dried White products forming the primary revenue source.
Potential investors will find an attractive Adjusted Earnings Before Income Tax, Depreciation & Amortisation (EBITDA) that reflects normalised costs of operation, specific overheads, and a detailed financial summary to be provided during the due diligence process.
Don't miss this rare opportunity to acquire a business with a 40-year legacy of supplying premium quality sands to the Southeast Queensland market.
For additional information and to express interest, potential buyers are invited to get in touch. All inquiries will be treated with the utmost confidentiality.
Selling Price: $2.8 million
Contact the exclusive broker:
Industrial, Construction & Quarry Broker
Benchmark Business Sales & Valuations
M: 0418 396 910
T: 1300 366 521
If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus4976 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations