| Asking Price |
Not Disclosed | Inventory |
|
|---|---|---|---|
| Gross Income |
$5,200,000 | Real Estate |
|
| Cash Flow |
$1,500,000 | Year Established | 1993 |
| FF&E |
N/A | Employees | 28 |
* included in the asking price
** not included in the asking price
This Company was founded by its current owners since 1993. The Company's products and services consist of the buying and selling of previously owned merchandise, the purchase of gold items for sale and conversion to revenue, pawn loans, money orders, income tax preparation, tax refund processing, and a variety of consumer financial services. The Company's revenue mix is made up of retail sales 45%, scrap gold 20%, check cashing 15%, loan income 12% and miscellaneous income 8%. . All services offered by this Company are strategically designed to compliment the other product offerings and allow the Company to earn a significant rate of return on their investment. This Companys continued success in the industry is largely driven by the level of customer support, store location, product availabilty, and innovation, all of which have contributed to consistent growth and profitability. This Company currently employs 28 people and has five locations on the east coast
Facilities: The Company operates five east coast locations, all stores are leased
Competition: There exists a myriad of opportunities for the Company to significantly increase revenues and profits, including leveraging the Company's proven reputation to pursue and penetrate new and existing markets. These opportunities are easily attainable given the appropriate investments in capital and human resources.
Growth/Expansion: Additional stores could be open using this profitable business model
Financing: negotiable
Support/Training: Yes, through transition period

Fred Zweifel
877-213-1792
Generational Equity, LLC
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