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Listed
09/03/23
Status
For Sale
Tenure
Leasehold
West Yorkshire

Details

GOLD DEALER, FOREX AND PAWN BROKER in West Yorkshire for Sale. This is an easily run business for which no previous experience is necessary. Annual turnover £1,240,000. The business operates relatively simple systems and procedures buying in precious metals in the form of scrap jewellery and making a margin on the difference between the spot rate and the price paid to customers of the business. The gold is then sold onto gold refiners and the business uses a number of different refiners to ensure the best possible return. Similarly the same systems are applied to the purchase and sale of foreign currencies with a margin applied to each transaction and a higher margin is applied to the more exotic currencies. Whilst the business is simplicity itself to run, it has proved itself to be VERY PROFITABLE for our client and SHOWS A NET PROFIT IN EXCESS OF £40,000 on management accounts to December 2022. Situated in this busy shopping centre which has recently undergone a multi-million pound refurbishment within this bustling West Yorkshire town centre. Stock £30,000 to £55,000. EPC Band F.

Jewellers & Pawn Brokers

ID:

588827

Price

£49,950

Call 0113 238 2900 to request a viewing

our team

We’re proud to employ more than 350 talented individuals working across a multitude of disciplines.

OFFICE LOCATOR

Eddisons is rapidly growing; emphasised by our nationwide office network which is now 25-strong.

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