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 truck the coal to their customer which is less than 15 miles from the mines.
• Last year’s revenue was $29 million and the owner's income was about $12 million.
• They currently sell between 20,000 and 30,000 tons of coal per month.
• The value of the fixed assets and supply inventory is at least $5 million.
• The estimated in place coal reserves are 30 million tons under current or potential leases.
• Asking $50 million