Price Reduced: Booming Retail Gold Buying Biz
Location Arkansas,United States
Asking Price Range $250K - $500K
Gross Revenues $1407821
Net Profit / Cash Flow $33955
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 1 - 3
Inventory 12000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks
Reason for Sale Other business
Description Gold and silver are purchased from individuals at the highest possible prices and then sold to a refinery for recycle purposes. This is a recession resistant retail gold buying business located in a great retail space.
Owner has decided not to operate over longer distances and is ready to sell this highly profitable business so that he can refocus on core local business. The store has been in business since 2010 at this high traffic location, and has continued to grow.
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