Exchange Shop

Asking Price$170,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$464,659

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

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Exchange Shop


Asking Price$170,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$464,659

Inventory$40,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
This is a great opportunity to own a well-established Exchange Shop in Suburban Wayne County, MI. Established since 1987, this profitable Exchange Shop is located on a highly traveled road surrounded by plenty of residential and commercial properties in the surrounding areas. The shop specializes in Name Brand Tools, Jewelry, Coins, Silver & Gold, Instruments, Electronics, Gaming Systems, and more. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding a pawn license, website and online estimates, jewelry repairs, opening Sunday, expanding hours and adding more inventory, you have HUGE potential. Easy to operate with minimal staffing required and lots of potential for growth. Perfect for a husband-and-wife team. Seller will stay on board to train new owner and entertain all reasonable offers!
About the Business
Years in Operation
39
Employees
4 (3 Full-time, 1 Part-time)
2 full-timers are the owners.
Facilities & Assets
This is a great opportunity to own a well-established Exchange Shop in Suburban Wayne County, MI. Established since 1987, this profitable Exchange Shop is located on a highly traveled road surrounded by plenty of residential and commercial properties in the surrounding areas.
Opportunities for Growth
Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with adding a pawn license, website and online estimates, jewelry repairs, opening Sunday, expanding hours and adding more inventory, you have HUGE potential.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$2,400.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train.
Financing Options
$170,000 with $85,000 down, 8% interest, amortized over 60 months.
Listing Info
ID
2464747
Listing Views
20

Contact Seller

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Business Listed by: AP Nazarian Armen Nazarian Business Brokers

Listing ID: 2464747 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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