Hard Mineral Mining Business for Sale in Hassan, India
9.5-acre white quartz mining site with deposits identified up to 150–200 feet, offered for sale.
| Established | 30-40 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hard Mineral Mining |
| Locations | Hassan |
| Local Time | 10:07 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Recently Active |
Full Sale
Asking Price:
USD
10.4 million
(Native Currency: INR 1,000,000,000)
Reason: Offered for sale due to financial constraints requiring liquidation and monetization of assets.
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Includes physical assets worth
USD
10.4 million
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Business Overview
- Fresh, non-operational white quartz mining site of approximately 9.5 acres available for sale.
- The land has been scanned, with white quartz identified up to an estimated depth of approximately 150–200 ft.
- The property is being offered as a raw mining asset and has not commenced mining operations.
- The buyer will be responsible for applying for the required mining permissions and licenses before commencing extraction.
- The owner had previously acquired a mining licence but was unable to commence operations, and the licence has since expired.
- The seller can provide assistance with the process of procuring the required mining license, if needed.
- The land has been scanned, with white quartz identified up to an estimated depth of approximately 150–200 ft.
- The property is being offered as a raw mining asset and has not commenced mining operations.
- The buyer will be responsible for applying for the required mining permissions and licenses before commencing extraction.
- The owner had previously acquired a mining licence but was unable to commence operations, and the licence has since expired.
- The seller can provide assistance with the process of procuring the required mining license, if needed.
Products & Services Overview
Sale of a 9.5-acre white quartz-bearing mining site, targeting mining companies, mineral processors, and investors seeking quartz resources.
Assets Overview
Tangible assets:- 9.5 acres of white quartz mining land, valued at INR 150 crore and being offered at a discounted price of INR 100 crore.
Facilities Overview
Owned 9.5 acres of white quartz mining site in Hassan district.
Capitalization Overview
The property is family‑owned by two brothers, both of whom are aligned in their intent to sell. It is a freehold asset with no loans or encumbrances, ensuring a clear and straightforward transfer of ownership.
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