This property is Off-Market

9001 Highway 607
Pearlington, MS 39572 ·

1 SF · Special Purpose For Sale

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DK Aggregates, LLC

Price N/A Property Sub-type Special Purpose (Other)
Building Size 1 SF Property Use Type Business For Sale
Property Type Special Purpose Lot Size 1,600 AC
Listing ID: 16897123 Date Created: 11/01/2010 Last Updated: 11/01/2010

Description

Acquisition/Investment Opportunity: Aggregates Business
1,600 Acre +/- Gravel and Sand Pit with Landfill Opportunity
Seeking Investment, Sale or Joint Venture -- Process Underway
Estimated Reserves: Gravel - $100 Million: Frac Sand - $303 Million; Other Sand - $123 Million
The drillings supporting these estimates were done on only 500 acres of the property. An additional 500 acre area is suitable for landfill and some of the preliminary excavation and permitting was completed. Another 600 acres is believed to have similar reserves as described above.
Historical Revenue: 2006 - $3,165,487; 2007 - $3,761,580; 2008 - $3,242,069
Y-T- D Revenue: $3,083,824
Equipment Highlights: All equipment is included: Loaders, Excavators, Cherry Pickers, Articulated Trucks, Conveyors, Stackers, Shakers, Screens, Gravel Wash Plants, Pipeline, Service Trucks, Water Pumps.
Court ordered ACCELERATED SALE of the going concern business or its assets, free and clear of all liabilities.
Outstanding opportunity to capture gravel and sand reserves with an operating aggregates business in a location with substantial demand. Landfill Opportunity.

Location: 15 minute drive to Slidell, LA, 50 minutes to New Orleans, and 60 minutes to Biloxi, MS
Excellent location to reach multiple attractive markets. Entrance is off Highway 607 in Nicholson, MS.
Located in the Stennis Space Center Buffer Zone (no development, but natural resources harvesting allowed, including mining, timber, farming, etc.)

Research

9001 Highway 607, Pearlington, MS 39572 (Hancock County)

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