Metallurgical Coal Mining Company For Sale
Industry: Manufacturing > Other Manufacturing
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 years 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
Asking Price Range: > $35.0M
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1994
Number of Employees: 20 - 34
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Sale
About The Sale
Reason For Selling: Retirement
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Print Listing Id: 700180160