-Located in the Appalachian Basin Area.
-They have been in business for 75+ years.
-They sell high sulfur steam coal, as well as limestone.
-They also own their own trucks and transport the material to their customers.
-The annual revenue is $27 million and the owner's income has averaged over $3 million the past three years.
-They currently sell about 30,000 tons of coal and 60,000 tons of stone per month.
-The book value of the fixed assets is $18 million. There is an appraisal on most of the mining equipment, but not the trucking or real estate assets.
-In addition to the assets of the corporation, they are selling a coal wash plant, an aggregate crushing and screening plant, and over 2,000 acres of coal. The estimated value of these additional assets is $2 million.
-Coal reserves are about 30 million tons, of which some are leased and some are owned. The limestone reserves are in excess of 50 million tons.
-Selling price will include mineral rights, leases, equipment, supplies, wash plants and real estate.
-Asking $33 million
For more information please email or contact us at 877-871-5367.