Gold, Diamonds and Precious Metal Dealer

Bucks County, PA

Seller Financing Available

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Asking Price:$200,000
Gross Revenue:$450,000
FF&E:$120,000
Cash Flow:$170,000
Rent:$14,000
Established Year:2020
BUSINESS DESCRIPTION

Are you looking for an opportunity in the very profitable precious metal and gemstone industry? This well known and customer service focused store could be your answer. They are conveniently located in a busy retail shopping strip and they offer an upscale one-on-one office consultation that provides a comfortable and discreet experience when purchasing gold from customers.

This is a fully operational turnkey business that has a safe and locked jewelry display cases included in the purchase price. They specialize in gold and diamonds but they also purchase silver, platinum, coins, and gift cards for cash.

The business is good “as is” but it needs a new owner with marketing experience to take it to the next level. It comes with a website but this is a huge area that has room for improvement. They currently offer watch and jewelry repair but there is also a great opportunity for a new owner to expand the lines of jewelry offered at this store.


DETAILED INFORMATION
Location
Bucks County, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,250
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
Retiring
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Jim Boyd
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Jim Boyd