Rapidly Growing Retailer Of Rare Coins
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $5000000
Net Profit / Cash Flow $400000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 4 - 5
Inventory $500k
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training Yes.
Reason for Sale Growth.
Description The Company is a rapidly growing retailer of rare collectible coins, notes, and precious metals, through a primary marketing medium of a monthly catalog and robust internet presence. The Company has growth at an annual compounded growth rate (CAGR) of 247% since inception in 2006, and counts more than 60% of revenue from a loyal, repeat customer base of avid collectors. The Company has seen such strong growth even during such horrible economic times, due to their customer base which maintains a strong passion for collecting such items, as well as consumers wanting to invest capital in tangible items which maintain their value, as opposed to the volatile capital markets. The Company maintains higher than industry average gross margins at 35% and growing, and has a built margin of 15% for anyone item. The Company is seeking an equity infusion of $250k-$1mm to market more aggressively to their customer base, and acquire cheaply priced media (internet, infomercials, direct mail) that has seen discounts as high as 90% in select instances. If you would like to learn more, please email or call Cyrus Maghami at (949) 235-1289 for more information on this Collectible Coin business for sale.
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