HARDROCK AGGREGATE QUARRY – US-MAINE – $1.25 M USD​

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Total Valuation: $1.25 Million USD 

Upfront Purchase Price: $700,000 USD (Land Purchase) 

Acreage: 109 Acres Zoning: Resource Extraction

This fully permitted aggregate quarry in Knox County, Maine, represents an ideal entry or expansion point into the Northeast’s construction materials market. The transaction is structured to minimize upfront capital by combining a collateral-backed land purchase with performance-based royalties.

Deal Structure & Financial Model

•    Upfront Land Purchase ($700,000 USD): The purchase price closely matches the raw land appraisal of $692,500 USD. Because the asset serves as highly tangible collateral, it is excellent for traditional commercial bank financing. The buyer effectively acquires the operational infrastructure and mineral rights at zero upfront premium.

•    Performance-Based Royalty ($550,000 USD): The remaining valuation is paid from operational cash flow over 10 years at $0.75 USD per extracted ton. This requires a minimum extraction of 733,333 tons over the term (averaging ~73,333 tons annually).

Property & Premium Reserves

•    Massive Proven Reserves: The site holds over 12 million tons of accessible, high-grade Granite, Granodiorite, and Gneiss (Bucksport Formation) based on a 65-foot extraction depth, ideal for aggregate and dimension stone.

•    Additional Value: The transaction includes untouched timber resources, land, licenses, title deeds, existing leases, and comprehensive geological testing reports.

Permitting & Operations

•    Transferable Permits: Fully licensed and in good standing (Maine DEP GPID 444, inactive since 2017). Includes a rare variance allowing extraction up to 6 feet below the water table.

•    Capacity & Phasing: The site easily supports the royalty structure, permitted for up to 100,000 tons of annual extraction. Operations are approved for systematic, phased development in 10-acre increments.

•    Favorable Operating Hours: On-site crushing is permitted Monday through Saturday (6:00 AM to 6:00 PM), with blasting restricted to 11:00 AM to 3:00 PM.

Logistics & Community Backing

•    Strategic Distribution: Highly cost-effective logistics, located 3 miles from Route 17, 8 miles from a commercial rail depot, 20 miles from Rockland Harbor, and 74 miles from Portland Harbor.

•    Owner Transition & Local Support: The local municipality actively supports reopening to stimulate job creation. The current owner will provide hands-on guidance through the reactivation process, including personal introductions to the local Planning Board and Code Enforcement Officer.