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Ohio Business For Sale |
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| SOUTH AFRICAN DIAMOND MINE |
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| Attn: Not Available |
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| Not disclosed, OH, USA |
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| Asking Price: |
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$8,000,000 USD USA Dollars |
| Business for Sale Industry: |
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Manufacturing: Non-classifiable |
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Business for Sale Overview:
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The alluvial mine is located in South Africa. The mine was set to go in production in 2004, when the permit was obtained, but lacked the capital resources necessary to start production. A recovery barge is half way built, capable of extracting 100-150 tons of gravel per day. Approximately 37 carats will be recovered for every 100 tons of gravel processed. There are several mining areas and one area has a resource estimate of 12,000 carats. Geologist reports are available. The entire mining area covers 6.7 kilometers. Additional capital of about $250,000 will be needed for equipment purchases. The Seller will work and run the mine for the buyer for at least 6 months after the acquisition.
Asking $8,000,000 or best offer.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise opportunity.
- This is a distressed business or bankruptcy situation.
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