MergerPlace

Sand Mine-Industrial Sand Manufacturing

Columbus, Ohio


  • Asking Price: Not Disclosed
  • Gross Income: $2,699,847
  • Cash Flow: $750,566
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $290,000
  • Listing ID: #202509
  • Established: Not Disclosed
  • Employees:

Business Description

The facility manufactures industrial sand from a sandstone deposit located in east central Ohio. The facility sells into the building materials, industrial, oil & gas and recreational markets and is the only high silica(+99%) sand source in the region. The property consists of 85 acres currently permitted on a total 474 acres. Proven reserves are approximately 2.7 million tons with additional unproven reserves estimated at 6 million tons.

Summary Investment Considerations:
• Experienced management and labor force at the facility.
• Cash flow in excess of $1 million per year demonstrated.
• Strong 2017 YTD results with $500,000 OCF in 8 months.
• Significant reserves.
• Produces highly desired API/ISO 13503-2 approved 30/50 (4K) and 40/70 (6K) frac sand.
• Located in or near the Utica and Marcellus shale regions.
• Diverse customer base across several industries.

Financial Highlights:
Over a five year period the average operating cash flow of the facility was $868,000. Revenue fluctuates year to year particularly due to changes in demand for sand for fracking. This was true in 2016 as low oil prices depressed demand. 2017 has seen a rebound in this business resulting in YTD August results at $500,377 of operating cash flow.


Business Details

Primary Business Category: Mining - Except Oil & Gas
Location: Ohio
Metropolitan Area: Columbus

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Gross Revenue: $2,699,847
Cash Flow: $750,566
FF&E: $290,000
Seller Financing Available: No

Property Information

Reason for selling:

Corporate Divestiture

Support & Training:

Owners will provide training and support.

Contact Business Seller

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Business Listed By:

Tom Kerchner

BMI Mergers & Acquisitions