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Reference: 13672

ID: MV1541

Precious Metals Dropship Ecommerce Business

Canada, United States

This business is a trusted, 100% dropship precious metal dealer offering a full range of services including physical gold, silver, platinum, and palladium for sale.

Reference: 13672

ID: MV1541

Register Interest
Revenue:
$3.29m
Profitability:
11.7%

Location

Utah, USA

Business Description

Sales are lead based through the website and marketing efforts. The company earns profits on the bid and ask spread for precious metals. Having bought and sold in the precious metal industry for 13 years, the owner has excellent business relationships with suppliers.

The business had demonstrated YoY growth. Its growth continues this year with profits up 14% in Jan-Sept 2022 over the same period in 2021.

This is a one-person operation with an owner ready to retire. With a new owner who can expand online marketing and create a multi-state presence, this business offers huge further potential!

  • Local Business Recognitions: Named Gold & Silver Dealer of the Year (3Yrs) and Business of the Month by its area Chamber of Commerce
  • High Community Participation
  • Great Google Reviews

Financial Summary

  • Gross Revenue $3,293,303
  • Cash Flow $386,971

Investment Rationale

Building on its well-established foundation, this business is perfectly positioned for a new owner to take the site to the next level of growth. Some ideas for future growth include: Nationwide marketing, Multi-States Sales Opportunity, Inbound Sales Team Expansion, eBay, Amazon, etc…

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.