Business Overview:
The Business for sale is a firm specializing in buying and selling jewelry, diamonds, gold, silver, coins, stamps and many other collectibles. The Company operates from one retail location in the Madison, Wisconsin, metro area. The majority of the Company’s inventory is purchased from the general public and resold to smelters (49 percent of annual revenue), wholesalers (36 percent of revenue), consumers (14 percent of revenue) and diamond brokers (1 percent of revenue).
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
A leased 1,420-square-foot retail location in the Madison, Wisconsin, metro area.
Market Competition and Expansion:
Management is confident that significant growth can be achieved, and plans to continue the Company’s extensive marketing and advertising campaigns to drive consumers into the store to sell their old jewelry, much of which is resold to smelters without any issues. These sales are enhancing the store’s reputation, ensuring maintenance of its market position in the future. In addition, silver collectibles and gold marketed in the 1980s and 1990s is beginning to hit the secondary market and is being sold to resellers. Also driving growth for the Company is the purchase and resale of estate jewelry, the value of which has increased dramatically in the last several years.
Reason for Selling:
Pursue other interests
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.