Business Overview:
COAL MINE IN EASTERN KY. Strip operation with all equipment needed - no debt. Doing about 6,000 tpm production right now (in bad weather) 1,600 acres leased - working on 186 acre permit now (150,000 tons proven reserves). New permits pending. 1 million ton contract in place. Buyer will pay cost to mine plus $20.00 per ton profit. Miner will stay through this permit (if desired). Miner is getting older and wants to quit. Equipment list, copies of contracts, etc. available if serious buyer is interested. Confidentiality agreement will be faxed once you answer by e-mail.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retiring.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: