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- RE: Exchange Shop
- Contact: Armen Nazarian
Quick Facts
| Asking Price: | $170,000 | |
| Annual Revenue: | $464,659 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $84,779 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1987 | |
| Employees: | 2 | |
| BBN Listing #: | 1005039 | |
| Broker Reference #: | 774 |
Business Overview:
This is a great opportunity to own a well-established Exchange Shop in Suburban Wayne County, MI. Established since 1987, this profitable Exchange Shop is located on a highly traveled road surrounded by plenty of residential and commercial properties in the surrounding areas. The shop specializes in Name Brand Tools, Jewelry, Coins, Silver & Gold, Instruments, Electronics, Gaming Systems, and more. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding a pawn license, website and online estimates, jewelry repairs, opening Sunday, expanding hours and adding more inventory, you have HUGE potential. Easy to operate with minimal staffing required and lots of potential for growth. Perfect for a husband-and-wife team. Seller will stay on board to train new owner and entertain all reasonable offers!Â
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Established since 1987, this profitable Exchange Shop is located on a highly traveled road surrounded by plenty of residential and commercial properties in the surrounding areas. The shop specializes in Name Brand Tools, Jewelry, Coins, Silver & Gold, Instruments, Electronics, Gaming Systems, and more.
Market Competition and Expansion:
Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding a pawn license, website and online estimates, jewelry repairs, opening Sunday, expanding hours and adding more inventory, you have HUGE potential.
Reason for Selling:
Retire. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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