Starmont Advisors of Baton Rouge presents this large dirt pit for sale in south Louisiana. Dirt pit is approximately 90 acres with 18 inches of top soil and is comprised of certified red/brown clay. Approximately 65 acres is left to be mined on the property. According to the owner, this is approximately 10 years worth of life left to mine and approximately $6-$7 Million in revenue still available at todays pricing. Top soil is currently being sold for $12 a cubic yard. Mining equipment with approximate value of $175,000 is included in the sale.
This business has a strong competitive advantage in its market due to its strategic location and the quality of its soil. Customer relationships and increased demand in the area for fill dirt as housing and roads have to be elevated higher due to the massive floods in the area in 2016 make this company primed for increased sales with possible higher prices.
Owner has decided to sell to enjoy retirement. Seller will help train and transition new owner. Owner may consider some seller financing for a qualified buyer with a proper down payment. Contact us today to see this big operation in action. Come meet the owner, see the great potential and make offer! Agent Alan Risher is sponsored through Sunbelt Business Brokers of Baton Rouge, sponsoring real estate broker Brandon Bourgeois 225-201-0202. Please contact Alan for more information at 225-201-0202.
Annual Receipts: $300,000
Cash Flow: $225,000
Furniture, Fixtures, & Equipment: $175,000
Asking Price: $1,695,000
Reason for Sale: Retirement
Starmont Advisors of Baton Rouge