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Businesses For Sale   >>   West Virginia Businesses For Sale Categories   >>   

Metallurgical Coal Mining Company For Sale

Location  West Virginia,United States
Asking Price Range  > $35.0M
Gross Revenues  $29000000
Net Profit / Cash Flow  $12000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1994
Number of Employees  20 - 34
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 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
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