Retail Gold Shop

Middlesex County, NJ

Seller Financing Available

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Asking Price:$150,000
Gross Revenue:$350,000
Rent:$2,400/Month
Established Year:2000
Cash Flow:$80,000
Inventory:$1,000
FF&E:$60,000
BUSINESS DESCRIPTION

Wonderful business opportunity for this retail gold and precious metal company available in Middlesex County New Jersey. This is a fully insured and licensed company and will offer owner financing to a qualified buyer. The industry routinely has a fifty percent (50%) mark up to the company resulting in a wonderful return to the operator. The owner is presently absentee, is a professional in an alternative industry, out of the county and prepared to train a new owner. They have been in the industry for twenty years with a wonderful reputation. They offer competitive prices, and welcome all of their clients with respect and professionalism while providing an educational and informative experience for those not familiar with the process. With over twenty years of experience, they offer safe, professional gold, coins, and precious metal buying and selling experience. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.


DETAILED INFORMATION
Location
Middlesex County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
01/09/2029
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business opportunity is in north central New Jersey, Middlesex County on a highly active state highway. This business facility consists of approximately 1,000 square feet with a professional appearance. The business is in a free-standing retail facility conveniently location for its various customers.
Competition
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth & Expansion
Regarding growth and expansion, the retail company can be further developed by improving the marketing and local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.
Financing
Also, seller financing is available for this transaction with $70,000 down payment to
Support & Training
Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.
Reason for Selling
The purpose of this business transaction is due to the present owner’s absenteei
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Ron
Cervelli
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Ron Cervelli