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All categories Calgary Area

Alberta Gravel Pit for sale

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The Affordable Business Partner. Connecting Alberta & Saskatchewan Business Owners with Qualified Buyers. Providing Business For Sale by Owner & Business Buyer's Due Diligence Services. How can I help you? Alberta Aggregate Equity Partner Required Our client is seeking $8.5M in total project capital. Our client has identified a significant Aggregate prospect opportunity in the central Alberta region, which is well known for its Aggregate pit supply success. It was confirmed that the other regional pits were at the end of their production shelf life. Our clients have secured the land, permits and experienced Advisors & Partners to create the plan for their Aggregate development and to meet the growing regional demand! * Footprint spanning 4 quarter sections of land * 375 mineable development acres * Prospect development plan has been approved and endorsed by current landowners. EQUITY INVESTMENT Our client is seeking $8.5M in total project capital. * $2M for 33% Equity Stake * $6.5M Shareholder Loan @ 7% interest rate *INVESTOR NOTE: Strategic Investors who have existing equipment for utilization at the development and / or the ability to initially debt finance the equipment, can reduce the start-up equipment capital requirement and the Shareholder Loan ($6.5M). Visit The Affordable Business Partner.com

Ad #
35817327
Posted
May 22, 2020
Expiry
June 21, 2020
Status
EXPIRED
Details
New, Commercial Seller
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