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Specialty Sand/Aggregate Business In Saskatoon For Sale

Saskatoon, Saskatchewan, Canada
Asking Price:
$9,200,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,500,000 (CAD)
Cash Flow:
$1,200,000 (CAD)

Long term, well-established and very profitable Specialty Sand and Aggregate Products Business serving central Saskatchewan and the major Saskatoon area for over 38 years.

Business features:
• Many long time repeat clients with strong year over year sales,
• Exclusive Sand Products serving Golf Courses and the Agriculture Industries
• A company brand that is recognized in the market for supplying reliable and quality
products, providing exceptional product knowledge and maintaining competitive pricing.

Business includes well stocked pit reserves (owned and leased), season ready inventory piles, all product processing and washing equipment, and all loading, hauling and transportation equipment. Currently employs 4-10 staff members (some seasonal). Market offers excellent opportunity for product sales expansion under the right leadership.

Owner is willing to support the buyer through a transitional period (defined term) to ensure business continuity.

Market Area
The market area is the fastest growing region in the province of Saskatchewan. Currently it hosts close to 350,000 residents and growing. Bank of Canada is indicating interest rate reduction as early as June, 2024 and all levels of government are increasing investments to accelerate new housing starts, both are strong indicators that there will be an increasing opportunity for sand and aggregate sales in this region.

All equipment is well maintained, current inventories are ready for the 2024 season and current pit reserves exceed a 20 year term.

Included in Sale
• Current Land Holdings
• Inventory – Current Pit Piles and Long Term Pit Reserves
• Fixed Assets – Vehicles, Loaders, Conveyers and Washing Plant
• Building – Scale Office
• Customer List and Long Term Lease Contracts

If interested reach out and we would be please to share detailed financials, property profiles and lease agreement's

Property Information

Real Estate:

Real Property Included

Location:

The business currently works out of a town north of Saskatoon and serves the greater Saskatoon Area and the central Region of Saskatchewan

Premises Details:

Pits are located strategically and well stocked to serve Saskatoon and central Saskatchewan

Business Operation

Expansion Potential:

The market area is the fastest growing region in the province of Saskatchewan. Currently it hosts close to 350,000 residents and growing. Bank of Canada is indicating interest rate reduction as early as June, 2024 and all levels of government are increasing investments to accelerate new housing starts, both are strong indicators that there will be an increasing opportunity for sand and aggregate sales in this region.

Competition / Market:

Competition exists within the market; however revenues have been solid over the past 10 years and show no sign of slowing down. Our specialty sand has very limited competition and we have many annual repeat customers such as golf courses and dairy farms

Reasons for selling:

Retirement

Trading hours:

Business runs year round with significant sales during the spring, summer and fall

Employees:
4-10 (some seasonal)
Years established:
38

Other Information

Furniture / Fixtures value:
$3,500,000 (CAD) - included in the asking price
Inventory / Stock value:
$2,300,000 (CAD) - included in the asking price
Home based:
This business can be run from home.