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Business For Sale

South African Diamond Mine

Not disclosed, OH, USA

Manufacturing: Non-classifiable

Asking Price:
Year Established:
Employees:
Listing Number:
$8,000,000
Not Disclosed
Not Disclosed
613714261
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

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.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

South African Diamond Mine
Business Listed By:
Not Disclosed
AJ Thompson Business Services
contact the seller
Good Business at a Great Price
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