Gold Prospecting and Mining Equipment Sales

Woodland Park, CO (Teller County)

Seller Financing Available
Retail Booth Picture

Asking Price:$50,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:$6,000

Rate/Sq. Ft.:$2.50

Established:2014

Gold Prospecting and Mining Equipment Sales

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Business Description

Major Developments have happened with this business and I have raised the asking price accordingly. November Sales were over $700. FYI: Todd Hoffman is in Colorado!!!!!!!

Sale includes www.GOLDSUPPLIES.com, Inventory (wholesale value over $4,000 retail $6,000+), Retail Display Fixtures and booth in RETAIL LOCATION, Fully Developed Marketing Plan, Signage, Additional website, Sales Territory with largest supplies distributor in the US, Vendor Contacts, and more.

Retail booth cost is $80 per month plus 5% of sales. The retail location is a booth in a resale mall that is staffed so you do not need to be there. I try to go there once a week to tidy up things, check inventory levels, etc. On the first of the month the resale mall owner writes me a check for all sales less 5% (cost covers credit card processing etc) from the previous month and charges the $80 for the next months rent. The retail space includes 2 huge exterior windows that display the product to tourists and everyone walking past. Located in Woodland Park, CO. The lease is month to month so the buyer can choose to continue at this location or move to a different location.

Buyer will receive all the vendor information that they will need to get product and will have limited protection from sales territory provided by one of primary vendors.

The website is ready for the final development stage as it currently does not have an integrated shopping cart. This can be done several different ways on several different budget levels even free. The seller will be happy to get you started on this process.

Why are we selling? A recent joint business venture with a large distributor on our primary business will be dramatically increasing their existing business over the next few months. We simply do not have the resources to put into this business like originally planned.

Creative Financing is available (down payment required)

September sales were around $700.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
32
Lease Expiration:
N/A
Employees:
0
Facilities:
Retail displays, Retail signage, Booth Space is Rented on a month to month lease
Competition:
Limited competition, Many customers previously have driven over a hundred miles to Denver to purchase gold supplies. The local Gold Prospecting club has offered guest speaking opportunity to us as they are excited about having a local mining supply source
Growth & Expansion:
Huge potential with prospect of online sales. Marketing approach has been designed with this in mind with a timeframe of spring 2017 for a full launch of online sales. This business has incredible growth potential.
Financing:
Seller Financing needs to be discussed in person
Support & Training:
Seller will assist Buyer as needed and be available by phone for future consultation. This is not unlimited obviously but the seller wants to see this business succeed and desires to get the buyer headed in the right direction.
Reason for Selling:
Seller needs to focus on core business
Business Website:
http://www.GoldSupplies.com

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Business Listed By:
david obryant

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