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- RE: DE. C-CORP - WITH $4M CARRY OVER - MILLING COMPANY
- Contact: Lawrence Michael
- License #: 1995716
Quick Facts
Asking Price: | $190,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1992 | |
Employees: | Not Disclosed | |
BBN Listing #: | 943413 | |
Broker Reference #: | 5327 LM |
Business Overview:
Listing # - 5327 DK
For Sale:Delaware C-CORP with $4M CARRY OVER OPPORTUNITY - MILLING COMPANY Proven milling technology for enhanced recovery of precious metals (gold, silver, platinum) and a C-Corporation with $4 million loss carry forward. This is a fluid energy mill for micronization of precious metal ores and tailing as well as other mineral commodities. In the gold mining industry it is known 15% of precious metals are lost in the tailings as unrecoverable. Fine grinding prior to extraction processing with this technology will allow significantly increased recovery of precious metals. The technology was developed with the involvement of an electric utility and three engineering firms. Asset sale includes blueprints, designs and test data for commercial mill manufacturing and designs for filing a new patent. Over $5 million was spent on research & development. Also included is an established C-Corporation with $4 million loss carry forward with tax benefits to purchaser. The CARES act changed the way a new owner can take the loss carry forward for many years. Buyer is advised to confirm tax-related questions with their tax advisor. Interested buyers are required to complete the NDA and provide proof of funds for further details.
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Reason for Selling:
Other Career ResponsibilitiesAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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