Acquire a longstanding producer of a natural fertilizer that supports a growing market for modern sustainable farming The Business
Since 1947 this Company has been a forerunner in the development and promotion of organic, easy to use, safe and inexpensive source of mineral fertilizer that promotes balance and life in soil. This mineral fertilizer is made from a naturally occurring mineral found in the Colorado Rocky Mountains. It is highly metamorphosed fresh water evaporate of the Mississippian-Pennsylvanian geologic transition period. It is approximately 30% water soluble in the first hour, the balance becoming available during the normal crop season – so it is a natural time-release fertilizer. It is a unique mineral that is plant available, bio active, and pH tolerant. The Company has spearheaded change in the farming communities across the United States through the promotion of smart, sustainable farming practices through its strong mineral fertilizer for crops, livestock, and soil.
Market
The Company has a complete mining facility, fully equipped and operational, with approximately 1.8m tons of above ground product and a like amount still under ground. Common mining valuation calculations estimate the value of these assets to range from $440m to $860m.
From the mid-seventies until the mid-eighties the Company flourished and produced approximately 600 tons of granulated product per day to some 8,400 customers (farmers) through a network of farmer-users/distributors throughout the country. Due to an untimely death in the family, the IRS seized Company assets were seized by the IRS for estate taxes and the Company was shut down resulting in the loss of the distributors. A number of other family assets were subsequently sold to repurchase the mine and it began limited production at that time and continues today.
Sector: MiningSegment: Mineral FertilizersRegion: North AmericaFinancing Size: $20m to $50mContact: David Finsterwald
Company: National Business BrokersTelephone: +1 719 635 8133Email: [email protected]