Nationwide B2B Diamond & Precious Metals Recycler - 40+ Years

Business Overview:

This thriving B2B natural diamond and precious metals recycling business has become one of the largest national recyclers of diamonds and precious metals in the United States. With over four decades in the industry and backed by a strong infrastructure and organized team, the company has built an impeccable reputation for fair pricing, transparency, and honesty.Key highlights:1. Nationwide reach: Serving all 50 states, with over 1,000 stores relying on the business for recycling services.2. Impressive volume: Annually purchases of over 27,000 carats of diamonds and 6,000 ounces of precious metals. Specializes in small melee and large diamonds of all sizes (up to 10+ carats), as well as precious metals from scrap jewelry.3. Strong customer base: Long-term relationships with medium-sized stores in the pawn and jewelry industry, ensuring consistent revenue and minimizing dependence on a few large customers.4. Flexible operations: Over 98% of purchased goods are shipped from customers nationwide, allowing for a flexible headquarters location and minimal physical space requirements.5. Established liquidation channels: Achieves market-leading prices through reliable liquidating outlets that pay immediately.This turnkey operation offers a unique opportunity for an investor or industry professional looking to acquire a well-established, profitable business with significant growth potential. The current owners are selling due to retirement, presenting a chance for new ownership to build upon the company's strong foundation and expand its market presence.With minimal physical space requirements and a nationwide customer base, this business offers flexibility in terms of location and scalability.Qualified buyers will be required to sign an NDA for access to detailed financial information and offering memorandum.

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Reason for Selling:

Ready to move on after decades in business

Additional Details:

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