Otorohanga quarrying business River Run Products is up for sale including its plant, equipment, trucks and trailers.
The company was set up around five years ago by husband and wife team Brian and Greta Withers at 1241 Otorohanga Rd to provide products used for roading, races, drainage fill, construction, landscaping and concrete blocks.
A secondary site at Rangiatea Road, alongside the Waipa River is also in operation and has graded river stone which is used to supply exposed aggregate and landscape supplies.
The Otorohanga Road site supplies hard rock and rubble and operates from 30 hectares of freehold land leased from a farmer for 40 years. A two kilometre truck access road has been formed to the quarrying site. The Rangiatea road site is not open to the public and is the river pebble base of supply.
The business is being marketed for sale by tender closing on November 1 through Bayleys Waikato salespeople Mike Swanson and Alex ten Hove.
Swanson says the business has relevant consents from the Otorohanga District Council and Environment Waikato.
“The required consents to operate the quarries are in place and a large inventory of plant and machinery have been built up for their operation.”
Additional consents to widen the entrance to the Otorohanga Rd site and establish a wheel wash to eliminate dust and quarry material from being transferred to the roads, have been granted and built.
“There is room for more already consented truck and trailer journeys per day so additional extraction will not be an issue and it would enhance the business,” Swanson says.
“The business is being sold as a going concern along with motor vehicles, truck and trailers, plant and machinery, including excavators, a forklift, hydraulic scoop, tandem roller, water pumps, wheeled loaders, crushing and screening equipment and transportable buildings/containers.”
