Canadian Gold Mine
Location: Canada -> Yukon Territory
Industry: Manufacturing > Other Manufacturing
Businesses for sale 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.
Financials
Asking Price Range: $5.0M – $10.0M
Gross Revenues: $6,000,000
Cash Flow: $5,000,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $1,250,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2000
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Reason For Selling: The owners have a successful technology company…
