Business For Sale

Gift Card Exchange Company

Not Disclosed, OK


Asking Price: Annual Revenue:
$120,000 $786,666

Services: Financial, Accounting, Insurance


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RE: Gift Card Exchange Company Broker: Geary Welch

Quick Facts

Asking Price: $120,000
Annual Revenue: $786,666
Net Profit: Not Disclosed
Cash Flow: $86,226
Total Debt: Not Disclosed
FF&E: $4,500
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 65584955
Broker Reference #: 6501-13881

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Business Overview:

This is an established and profitable Financial Services Exchange Business. This business is easily relocatable regionally and duplicated to any medium to large city. This business has managed to reach million dollar sales status in a little over two years. Sales in full year 2017 were over one million and has averaged over 1.1 million in the two full years in existence. Sellers Discretionary Earnings for 2016 and 2017 averaged over $95,000.00. The is a well established business, with positive earnings and completely turn key. The business model is simple and is easy to operate with relatively few moving parts. Also, the owner has committed to help the new owner have a successful transition with no cost on-site and no cost on-call support.

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Property Features and Assets:

The business is located in a 1,200 square feet Strip Center on a major thoroughfare. The estimated car count is 25,000 plus per day. Assets: $4,500

Market Competition and Expansion:

The competition in this niche market is small. The business has established itself as the premier exchange business in the region. This unique Financial Services business has exploded in the last 5 years and continues to see double digit increases as an industry. This is a turn key opportunity with a business that has little to no inventory, relative small number of employees, with reasonable rent. This is a perfect opportunity for a person looking to work day to day in the business or as a passive owner. In addition, this would be a perfect opportunity to incorporate a Medical Marijuana dispensary which goes into effect soon in the state of OK. The location and facilities are perfectly suited for that addition. The facility is already set up with all the needed and necessary security features including reinforced walls, reinforced glass enclosures and camera systems.

Reason for Selling:

The current owner has other business interest.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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