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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 the owner is a tenured member of the American Numismatic Association since 2001. The business brokers precious metals to clients through on-line portals provided by the leading wholesalers in the country. Commodities include gold, silver, platinum, and palladium coins, and various gold, silver, platinum, and palladium bars in assorted weights up to 100 troy ounces. These products originate from the U.S. and all over the world.The customer base consists of the public and includes people ranging in age from 25 to 90 years old. Most customers are located regionally, but many exist in 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 face-to-face 90-minute Precious Metals course to new buyers. In this session, a hands-on introduction is conducted using samples of items. Current pricing and availability are discussed. This session assists clients in the decision to buy precious metals. Most will place an order at that time. Some choose to review the handouts provided and will 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

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