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Businesses For Sale   >>   Other Manufacturing Businesses For Sale

Coal Company For Sale

Location  United States
Asking Price Range  $20.0M - $35.0M
Gross Revenues  $27000000
Net Profit / Cash Flow  $3000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1920
Number of Employees  100 - 200
Inventory  20000000
Relocatable  Not Disclosed
Number of Employees  100 - 200
Real Estate  Owned
Reason for Sale  Retirement.

Description  
-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.


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