Precious Metals Dealership for Sale

Colorado
Asking Price: $521,000
Business For Sale Details
Listed on Nov 15, 2024

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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Financials (USD)

Asking Price $521,000

Cash Flow $189,045

Sales $9,720,959

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? No

Management will stay? Yes

Relocatable? No

Real Estate? No

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