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Mining Support Company Equity Stake For Sale in Takoradi, Ghana

Indigenous Ghanaian mining support company providing high-margin exploration and geotechnical drilling services to mine operators.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 64 thousand
Run Rate Sales USD 257 thousand
EBITDA Margin 6 %
Industries Mining Support
Locations  Takoradi
Local Time 11:53 AM Africa / Accra
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Partial Stake Sale
USD 700 thousand for 20.0% stake (Native Currency: GHS 8,246,000)
Reason: Raise capital to purchase three compliant drilling rigs, eliminate leasing costs, increase profitabi... View More
Includes physical assets worth USD 35 thousand
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Business Overview
Mining support service company established in 2022, specializing in exploration drilling and geotechnical services.

The company has 8 employees and has completed three recent geotechnical projects, with previous annual sales of about GHS 752,000. Last year's sales were low because we were only doing technical consultation and this year with a leased drill we are able to get bigger geotechnical drilling projects.

For projects we hire manual labor apart from our full-time workforce through established agents.

Current EBITDA margin is 5.9%, constrained by high costs of leasing drilling rigs.

The owner seeks an equity investment of $700,000 for a 20% stake to acquire three compliant drilling rigs, eliminate leasing costs and increase operating margins to over 60%, while meeting procurement mandates from major mining companies for long-term contracts.

We have the Approval from the Mineral Commission, Environmental Protection Certificate.
Products & Services Overview
Provides mining support services including exploration drilling (RC/DD) and geotechnical drilling services for mining operators to support mineral exploration and geotechnical investigations.
Invoice of.
Assets Overview
Specialized down-hole drilling consumables, fluid management infrastructure and field engineering toolkits used for exploration and geotechnical drilling operations, collectively valued at approximately $35,000.
Facilities Overview
The business operates out of a small, rented administrative office workspace located in Takoradi, Western Region.
This facility serves as our primary corporate and management hub, handling all client relations, compliance documentation, and operational planning.
We do not maintain a physical logistics yard or storage warehouse facility at this stage.
Capitalization Overview
The company is completely funded through initial director contributions at the startup phase, supplemented by organic revenues generated from the geotechnical drilling contracts we have executed.

The business carries zero outstanding bank loans, corporate debt, or lines of credit, leaving our current asset base fully unencumbered.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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