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Businesses For Sale   >>   Other Manufacturing Businesses For Sale

Metallurgical Coal Mining Company For Sale

Location  West Virginia,United States
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $15000000
Net Profit / Cash Flow  $6000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1994
Number of Employees  20 - 34
Inventory  5000000
Relocatable  Not Disclosed
Number of Employees  20 - 34
Real Estate  Leased
Reason for Sale  Retirement

Description  
Metallurgical Coal Mining Company for Sale  Located in the Appalachian Basin Area.  They have been in business for 17 years.  They sell mid vol, low sulfur metallurgical coal that is sold as coking coal.  They do not own a wash plant.  2011 revenue was $29 million and the owner's income was about $12 million. The 2012 revenue is approximately $26 million and owner's income of approximately $10 million.  If the past, they have sold between 20,000 and 30,000 tons of coal per month.  They currently do not have a coal sales contract (2013).  The value of the fixed assets and supply inventory is at least $5 million.  The estimated in place coal reserves are 17 million tons under current or potential leases. About 7 million is under current leases.  Asking $20 Million (Reduced)  Owner is selling due to retirement and medical reasons. For more information, please call 877-871-5367


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