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Operational Placer Gold Mine in Yukon Territory, Northwest Canada

YT

Seller Financing Available
Operational Placer Gold Mine in Yukon Territory, Northwest Canada
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Asking Price: $15,950,000

Cash Flow: $2,880,790

Gross Revenue: $5,755,161

EBITDA: N/A

FF&E: $7,880,200

Inventory: N/A

Established: 2006

Operational Placer Gold Mine in Yukon Territory, Northwest Canada

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Business Description

This mining operation has a contiguous block of 350 mining claims covering 6,000 acres near the Indian River in Yukon Territory. The deal includes three Water License/Land Use Permits. There are hard assets including heavy earth-moving equipment, a camp and shops plus large inventory of parts and supplies, a 3-acre property with 2 mobile homes and an experienced crew. The seller is available to stay involved on a consulting basis. PRINCIPALS ONLY - Proof of funds required for release of additional information. Listing Agent: Mike Faust - Phone # 702-610-1966

Detailed Information

Employees:
40
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Seller is active in the business with 30 FT employees, 5 PT employees and 5 Independent Contractors. Hours of operation are 12 hours per day, 7 days per week from April 1st to September 30th. $7,880,200 in FF&E included in Asking Price. Other assets include ~ 5% of estimated gold = $10,244,000 USD plus ~ $473,000 USD in fuel, parts and supplies. Water License and Land Use Permit Required.
Financing:
$8 Million down payment with 3 annual payments of balance at 4.5% interest
Support & Training:
30 days
Reason for Selling:
Retirement
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(from currently available funds)
 
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Mike Faust

Business Listed By:
Mike Faust

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Sponsoring Broker:
Jeff & Linda Nyman

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