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Businesses For Sale   >>   Mining Businesses For Sale   

Coal Company For Sale

Location  United States
Asking Price Range  $20.0M - $35.0M
Gross Revenues  $22000000
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.

 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 recently entered into long term contracts to sell most of their coal and all of the limestone.  They also own their own trucks and transport the material to their customers.  The annual revenue averages about $22 million and the owner's income has averaged over $3-$4 million the past several 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 $16 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 and over 2,000 acres of coal.  Coal reserves are about 25 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 plant, real estate, receivables (about $6 million), and tax NOL of $19 million if stock sale. Seller will pay 100% of liabilities at closing. Most of the liabilities cannot be transferred to the new owner.  Asking $33 million For more information please email or contact us at 877-871-5367.

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