For Sale $8,500,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale


For Sale $8,500,000

Business Details

Gold Mine - Mining Licence - Manufacturing - North Queensland

\nGold Mine - Mining Licence - Manufacturing - North Queensland - Agent SBX Code Number: TQR1107C

Gold Mine in Far North Queensland with an estimated harvest of $83 million in gold, copper, silver and other precious metals based on the geological core drilling survey done on 50 hectares with the Exploration Permit Minerals or Exploration Licence for 11,900 hectares. - There is no equipment on site and start up costs would be $2 million dollars worth of new equipment which should see a return within 12 to 18 months

This is an existing Gold mine that stopped production in 1924/5. - Gold was mined from two sub-parallel quartz reefs. - The reefs were high grade with approx. 6000 ounces being recovered.- With new technology in mining more gold and other precious metals have been found.

Company has no debt and is ready to start producing. - Complete survey details available with all documentation.- Huge gold and other mineral deposits.

Licence for 11,900 hectares.

Situated in North Queensland.

All leases and tenements are in place for mining to commence.

2 owners

All documentation available and the Senior Geologist has all survey details complete which will be made available for consultation on request.- An assay report of the current mining leases, tenements and areas of exploration may be obtained by request. - There is a private airstrip on the adjoining property for use by arrangement.

Weekly Sales $0
Rent (ex GST) $0
Wages $0
Profit $0

Agent SBX Code Number: TQR1107C - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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