LAS VEGAS, Nevada
| Asking Price |
$250,000 |
Year Established |
2013 |
|
| Annual Revenue |
$803,330 |
Reason for Selling |
Seller lives out of state. |
|
| Annual P/L |
$91,702 |
Attention |
Trent Lee |
|
| Annual Cash Flow |
$0 |
Listing Number |
1016026 |
|
| # of Employees |
1 |
Business Category |
Retail: Consignment, Pawn Shop, Thrift Stores |
|
Business Overview:
This is a long-established retail buying and selling business focused on gold, silver, coins, and collectibles, operating in a Western metro market. The current owner has run this location for 13 years and has never worked in the store day to day, which shows the model works with the right person in place.
Pricing is the easy part. Proprietary software updates precious metal prices every few minutes, so the team always knows what to pay. Everything else, from graded coins to graded cards to watches, is priced off recent online sold data. A new owner can learn the basics in a few weeks.
The sale includes a top-rated online sales account with over 5,000 transactions and 100 percent feedback, all testing equipment, and about 655 square feet of built out retail space at $900 per month. The store also holds a tobacco and vape license, giving a buyer a second revenue stream to grow.
The ideal buyer is a hands-on retail operator who enjoys people, negotiating, and learning new products. No industry background is needed, but the buyer must pass a background check to hold the required secondhand dealer license.
The seller is committed to a smooth transition, offering exceptional support and training. Additionally, the experienced and dedicated staff are willing to continue with the new owner, ensuring continuity and stability.
For further details, including a confidential opportunity summary with financials and photos, please request more information using the form on this page. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you.
Property Features and Assets:
<p>This is a leased location of 655 square feet with a Total monthly rent of $949. Lease ends 01/2030 with 1 Option / 5 Years. Seller is not active in the business however; there is 1 FT employee. Hours of operation are 10:00 am - 7:00 pm, 5 days a week. $100,000 in inventory included in the asking price. </p>
Market Competition and Expansion:
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