This week, the hosts break down a first-ever for the podcast—a Massachusetts quarry generating millions in cash flow and loaded with real estate and equipment.

Business Listing - https://www.bizquest.com/business-for-sale/quarry-gravel-and-wall-stone-in-new-england-municipal-accounts/BW2188901/

Sponsors:
Check out Capital Pad – the marketplace for small business acquisitions where operators and investors meet: https://www.capitalpad.com

Looking to explore franchise ownership? Check out Connor's site and all his resources: https://connorgroce.com

Episode Description:
In this episode, the hosts examine a uniquely asset-heavy small business—a quarry in Massachusetts listed at $17M with $2.7M in cash flow. With a 68-acre land parcel, $6M in equipment, and 5.5 million tons of stone still underground, this business comes with significant upside and risk. They dig into USDA loan potential, specialty product vs. commodity rock dynamics, the implications of fluctuating demand, and how this type of deal might appeal to family offices. There’s even a fun detour into San Antonio’s wild Fiesta tradition. If you’ve ever wondered what it's like to buy a hole in the ground that prints money—this is your episode.

Key Highlights:

- Why a quarry deal is a first for the podcast in 400+ episodes
- Understanding asset intensity and CapEx risk in quarry businesses
- Revenue mix between government contracts and private clients
- How to use USDA loans for large rural acquisitions
- Real estate as a built-in exit option once the rock is gone
- The role of family offices and what financing could look like
- A 53% YoY profit spike—explained or not?
- Why it’s critical to hire a specialty buy-side advisor for niche deals
- Bonus: a deep dive into San Antonio’s Fiesta and corny coronations

Subscribe to weekly our Newsletter and get curated deals in your inbox

Advertise with us by clicking here

• Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.
• Do you enjoy our content? Rate our show!
• Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

For inquiries or suggestions, email us at [email protected]