Opportunity to buy a Granite Stone Quarry Mine in Ghana.
Overview of the business for sale
It is located in the Eastern region of Ghana near the capital. The mine for sale covers more than 125 acres and has a modern, crushing plant and different heavy Quarry equipment with a production capacity of three thousand metric tones of refined granite stone daily.
There is a constant demand for premium products and reliable services at an affordable price offered by this business. The products meet the requirements of the Ghana Standards Board (GSA) and the National Highway Authority (NHA) and the company is proud of excellent customer service satisfying all the needs and expectations of their clients.
Successfully operating for fourteen years the company for sale has built a huge network of loyal customers, due to which the aggregates, cement blocks, gravel, boulders, and quarry dust increased in sales, from the last year and have continued to increase as follows:
Aggregates – 180,000 m3;
Quarry dust – 75,000 m3;
Gravel – 15,000 m3;
Boulders – 10,000. m3.
Location
This business was established in 2007 and consists of two sites. The mining area is 75 acres, a buffer area of 25.89 acres, and the rest of 35.78 acres occupied by local villagers. The land is rented. The duration of the land lease was sixty years, from the start of incorporation, with forty-six years now remaining, with a thirty-year extension after the initial expiry date.
The Mining License should be renewed every five years and was last renewed on 5.31. 2018. The company has already applied for a further five-year extension as required by Ghanaian law.
Growth Potential
Currently, the company has a capacity of 300 MT/hour, making a daily production of 6000 MT/working day. Additionally, the Quarry is adding a new Impactor Quarry Line, which is expected to improve the round of quality of aggregates used for the construction of highways, roads, and other infrastructure.
Assets
The assets include equipment (primary and secondary crusher, vibration screen, heavy production vehicles, excavator), machines, tipper trucks, standby generators, offices, and a block-making factory.
Staff
The company employs fifty well-trained and qualified specialists with immense global experience in the mining and construction sector. The most important asset for this company is employees. To ensure safety, the management provides a suitable working environment and has been fully dedicated to meeting the laws and regulations issued by the environmental protection agency and all other regulatory bodies.
Reason for sale
The company is for sale because the owner is looking for retirement.
