Total of 18656 firms and businesses for sale today Thursday 18th April 2024
Sold. Wisconsin Buyer & Retailer Of Jewelry And Coins
LISTING DETAILS
Firms For Sale ID:
27799
Vendor reference:
3374
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed
Turnover / revenue:
$6,990,000
Net profit / cashflow:
$1,010,000
Years established:
27
Number of employees:
6
OTHER DETAILS
Reason for selling:
The owner would like to sell the business in order to retire and pursue other interests.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
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).