Gold Mine - Looking for an Investor or Owner/Operator
Location: Canada > Yukon Territory
Industry: Manufacturing > Other Manufacturing
Financials
Asking Price: $7,700,000
Gross Revenue: $6,000,000
Gross Revenue Comments: Projected
Cash Flow: $5,000,000
Cash Flow Comments: Projected
FF&E: $1,250,000 (Included in Asking Price)
Seller Financing: The owners are not interested in financing a significant portion of the selling price.
Business Summary
Looking for an Investor or Owner/Operator. The mine is a "turnkey" operation. There is an experienced management team and operating crew ready to run the gold mine for a new owner, if needed. The financial projections yield a net profit of $770,000 per Month! Based upon a gold price of $500/oz (current price is around $680/oz), the reserves have an estimated value of $200,000,000. Operations were shut down in 2004 when the mine was to be sold. Sale price includes 39 mineral claims and equipment. A 43-101 geologists report was recently completed and available.
About the Business
Market Outlook and Competition: Gold is currently around $680/oz and expected to increase.
About the Sale
Reason For Selling: The owners have a successful technology company which requires 100% of their attention.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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