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  • RE:  Precious Metals Dealership For Sale
  • Contact:  Valerie Brooks

Quick Facts

Asking Price: $645,000
Annual Revenue: $11,150,000
Net Profit: Not Disclosed
Cash Flow: $233,851
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 1
BBN Listing #: SB-56132
Broker Reference #: WESTCO001-56132

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Business Overview:

This company was founded in 1985 and is a tenured member of the American Numismatic Association since 2001. The business brokers precious metals and coins to clients through an on-line portal. Commodities include platinum, gold, and silver coins, and various platinum, gold, and silver bars in assorted weights up to 100 troy ounces. Additionally, a variety of palladium coins and bars are offered. These commodities originate from the U.S. and all over the world.The customer base is the general public and includes people ranging in age from 25 to 90 years old. Most customers are located regionally, with many emanating from neighboring states. Their financial resources vary widely. Clients may be purchasing and/or selling their precious metals. The business utilizes sophisticated specialty equipment to verify the authenticity of all precious metals involved in all transactions. Transactions are typically conducted in the office by appointment, to ensure exceptional customer care. The business offers a 90-minute Precious Metals course to new buyers. In this tutorial, a hands-on introduction is conducted using samples of items. Current pricing and availability is discussed. This tutorial assists clients in the decision to buy the precious metals immediately. Some choose to review literature provided and return later to invest.

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Property Features and Assets:

428 sq ft office space is leased.

Market Competition and Expansion:

This is one of only a few companies of its kind in the region. It has been in business for nearly 40 years. Clients are extremely loyal and count on the expertise of this dealer to guide them.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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