Years Established:

1978

Property Type:

Lease

FF&E:

$ 26,000

Inventory Value:

$ 326,000

Premise Details:

The Company is a C-Corporation operates out of a centrally located showroom/ retail store.in New Hampshire

Competition:

Business is classified under SIC code 5094, which encompasses businesses engaged in the wholesale distribution of jewelry, watches, precious stones, and precious metals. Products of the industry include clocks, coins, gem stones, pearls, precious metals bullion, silverware, and trophies.Customers. Company competes with the two local companies: Local coin dealer: which sells coins, and gold and silver bullion does Rare Coins dealer: A smaller mail order company, which sells high-end rare coins. The following factors have contributed company’s success: Operated out of the same location in New Hampshire for over 30 years Outstanding reputation for quality products. Excellent customer service. Pays fair market price for items brought in by the general public. Received Torch Award i from the Better Business Bureau of New Hampshire.

Expansion Potential:

Management will remain through transition: The owner is willing to stay with Company for one year to train the new owners. Superior name and reputation: Company has been in business for over 30 years and utilized the same location in New Hampshire. They have an established business and an outstanding reputation.

Employees:

2

Support & Training:

Management will remain through transition: Assuming an agreeable deal structure, the owner is willing to stay with Company for two to three months to train the new owners.

Financing Available:

Yes
Some seller financing may be negotiable.

Reason For Selling:

Retirement