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Precious Metals Brokerage & Depository For Sale
- Spokane, Washington, United States
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- Business description
- This is a once in a lifetime opportunity to own the Northwest's Largest rare coin & precious metals brokerage & depository facility. This also includes the purchase of a sister company, ClockTower Jewelry which is a beautiful, viable, jewelry store with the best department manager, custom designer & sales person in our area.Business opened in 1999 with yearly growth rate averaging 25%+ year after year. 2008 YTD numbers have already exceeded 2007 record numbers. When Morgan Stanley, The ECB & RBS warn of U.S. economic & credit collapse affecting everyone owning U.S. paper assets while Precious Metals continue to rise, this is the place to be. Since the global economic shifts beginning in Sept., 2001 precious metals have averaged a 35% yearly growth rate. Analysts & forecasters are predicting continued explosive growth in the precious metals industry. This business is poised for the future. 2008 Year To Date sales already exceeding entire 2007 EOY record totals and business is booming. Business has option to purchase or lease the nations finest and newest brick & mortar retail facility including a well established and respected jewelry store with top notch professional staffing. This facility is single handedly the absolute finest, highest quality, most beautiful, most secure and well planned industry specific facility worldwide. Commercial facility is 11,000 Sq. Feet. 5000 used by precious metals & jewelry services. Additional building purchase details available upon request. For the serious investor who understands the future of world economics & finance and wants their investment in hard assets. Precious metals & diamonds have been the pinnacle form of wealth since the beginning of written human history. This is a high volume, high cash business with net revenues of nearly $1Mill. per year. This opportunity comes with 1 year full time training from successful ground up owner, then consultant relationship thereafter. Owner will also guarantee first year business volume. A sure bet. This business has not yet entered the online sales aspects of this industry. Do to overwhelming business loads, we have been unable to expand this area. Business could easily double in size with proper online presence.
This is a very legitimate business opportunity for a highly capitalized investor. This is a very substantial cash business.
FOR PRIVACY & SECURITY REASONS, ALL INQUIRIES MUST IDENTIFY THEMSELVES & PROVE FINANCIAL QUALIFICATIONS TO PURCHASE PRIOR TO ANY ADDITIONAL DISCLOSURES.
- General information
- Years established:10+
- Employees: 6-8
- Trading hours: M-F 10AM-530PM,Sat 10AM-330PM
- Real Estate: Real Property Included
- Lease terms:Business terms can include purchase or lease of the finest, custom designed & built, 5000 SQ. FT. precious metals brokerage and safe depository facility in the world including approx. 500 safe deposit boxes in class 2 vault system(approx. 100 already rented out), 400 sq. feet of class 2 vault storage, kevlar, polycarbonate & bomb proof materials throughout yet outside, this building is featured on multiple product websites for its architectural aesthetics. Top of the line award winning architecture present throughout. Purchase or Lease terms available upon request. The facility makes the business.
- Living accomodation:Building for lease or sale: Is designed with full employee bath & shower upstairs, quiet bedroom, full kitchen and 400 sq. foot deck perched atop a hill over-looking entire downtown and up into the South Hill area.
- Location:FOR LEASE OR PURCHASE:
Newly constructed, architecturally award winning, industry specific designed facility appraised at nearly $4Mill. Building offers 5,000 SQ.FT. Jewelry & Precious metals usage as well as additional 6000 SQ.FT. in prime location lease space, some of which is already leased on contract, for additional income or jewelry store expansion. Business is located in highest traffic count in local County with over 50,000 cars per day. Includes top of the line on-street marquis sign with 3'x14' Watchfire 25mm color LED display. This building has become a well recognized landmark, featured regularly on local news channels, due to its 70 foot high brick clocktower rising above the skyline on the crest of the busiest hill in an area of over 500,000 population. Internet presence has yet to be tapped. 2008 is tracking for double 2007 record volume sales numbers and this could easily double with solid internet presence. - Expansion potential:New facility includes 5000 square feet of prime location commercial lease space with additional adjoining 4500 vacant sq. ft. which could be used to expand precious metals or jewelry facets of business. Jewelry store is ready to expand at any time and perfectly adjoing square footage is available. There are two to 3 major ways to expand this business to legitimately double, triple or quadruple current business volumes. We have not pursued this as current income levels have been sufficient.
- Competition / Market:National business with tremendous local presence. No detrimental effect from local competition. COINSPlus offers many factors putting us light years ahead of any local dealers. We are investment specialists with a national presence offering a precious metals experience unlike any other. As stated above, we have not tapped into an internet presence which would offer a potential doubling in volume. Ongoing business volume growth rates have prevented online expansion. This is the number one precious metals facility in the Northwest. Upside potential is huge and we can show you how. Purchase aquisition also include sister company, ClockTower Jewelry, which operates from a spectacular facility with 50,000 vehicles per day frontage along with a tremendous reputation, the areas top of the line Jewelry Store manager, Custom Designer & Sales person. Also includes full gemological lab equipment & spectacular inventory.
- Support & training:Purchase comes with one year full time training & support from current owner as well as first fiscal year performance guarantee. Ongoing support & training on consultation basis. Business also includes top of the line manager who has been with us since the beginning. Seller will train more than one person as needed.
- Reasons for selling:Ready to retire. No catches. This opportunity is ripe for the next 5-7 years and the money is GOOD. Purchaser of this business will enjoy tremendous profits. We feel you will be trained by the finest industry owner to own & operate the finest industry business & facility. We have experienced major changes in health & family circumstances & regret having to walk away from the beginning of the greatest precious metals bull market of all time. Purchaser of this business should easily earn net profit exceeding their entire investment back in the next 3-5 years by simply maintaining current policies, procedures & marketing strategies. There are two prime areas for expansion that can easily double, triple or quadruple current business volume. We've been comfortable with the current earnings and have not pursued these options.
- Financing available?Not likely. Would consider possible financing with substantial down payment and maintainance of primary control of all assets and income. This is a very legitimate businss opportunity for a serious, well capitalized, investor.regular audit rights, business assets as collateral. This business is a high cash flow, capital driven business. Buyers that lack solid capital backing may suffer as business grows and opportunities increase.
