Greek marble has been known for a long time for its very good quality. This is a quarry with excellent white marble, sought after in China and Middle East.
The business has in its possession one 125 acre field having three quarries of white marble, all having good access to the road network (less than 100km from airport and port of Thessaloniki and less than 20km from the local train station) as well as over 1 million tonnes of marble quarrying sub-products, suitable as raw material for:
- Marble dust
- Marble inlays
- Marble powder
- Animal feed
- Toothpaste (it is of such a high quality)
- Adhesives
and many other uses.
The owner has over 30 years of experience in running a marble quarry, and is willing to remain as a minority partner to run the business.
The company is being sold as-is at 2 million EUR. The business owner is also able to deliver the business ready to start operations (turnkey investment) for marble quarrying for an additional 1 MEUR, sub-products processing at 0,65 MEUR, and marble processing (marble sheets etc) for 2.85 MEUR always including 6 months of operation, the exact cost depending on equipment and market requirements.
This a capital-intensive, low-risk high-returns investment.
- Asking Price:
- €1,950,000 Inventory / Stock included
- Sales Revenue:
- Over €5M
- Cash Flow:
- Over €2.5M
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The quarry are two properties: One is 30 acres and leased long-term from a private owner at a cost of 30.000 EUR per year for 50yrs time, and the other is 95 acres and leased from the Greek government at a cost of 7% of sales.
- Leasehold Rent:
-
€30,000 per annum
- Location:
-
The quarry is located near the city of Thessaloniki on a 125-acre field
- Premises Details:
-
The quarry is near a train station (less than 20km) and the national road network. For exports, the port and airport of Thessaloniki is less than 100km away.
- Size in square feet:
- 5,400,000
Business Operation
- Expansion Potential:
-
The quarry can be expanded to produce
- Marble dust
- Marble inlays
- Marble powder
- Animal feed
- Toothpaste (it is of such a high quality)
- Adhesives
- Processed marble
with additional equipment and personnel. This is available as a turnkey project.
- Competition / Market:
-
There are over 500 competitors in Greece, but only 5 have such an excellent quality of white marble
- Reasons for selling:
-
The owner has not the required funds needed to invest in equipment and personnel needed to operate the quarry
- Employees:
- None at the moment
- Years established:
- 20
Other Information
- Support & training:
-
6 months support and know-how transfer, or as minority partner
- Financing available:
-
Our company, ErgoQ can support you in securing bank financing as well as up to 50% subsidy on further expansion plans
- Inventory / Stock value:
- €2,000,000 - included in the asking price
- Business closed / Asset sale:
- Yes
