Asking Price: $10,500,000 Gross Revenue: $4,326,000Cash Flow: $1,300,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $375,000 included in asking priceFF&E: $5,724,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Kitco News recently reported that gold will rally 22% in 2019! And The Conference Board of Canada says that new gold mines are expected to drive strong economic growth in Nunavut and Yukon over the next several years. This operating mine has a contiguous block of 423 mining claims covering over 7,500 acres in Yukon Territory. This is the largest group of virgin, un-mined main valley claims remaining in the Yukon Gold fields. There are hard assets worth approximately $5.7 Million USD including heavy earth-moving equipment and a camp and there is an experienced crew. There is an additional inventory of parts and supplies included in the sale. The seller is available to stay involved on a consulting basis after the initial training. PRINCIPALS ONLY. For additional information contact Mike Faust or use this ad’s email reply.
About the Business
Dawson City, Yukon Territory
Number of Employees:
Seller is active in the business with 15 Full Time employees and 5 Independent Contractors. Hours of operation are 7 days per week, 12 hours per day from March 1st through September 30th. $375,000 in Inventory and $5,724,000 in FF&E included in the Asking Price. Assets include ~ 5% of Estimated Gold = $7,480,000 USD. Water License and Land Use Permits to 2023 Required.
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