For Sale:
Dropship Precious Metals Ecommerce Business
Asking Price: $600,000
Description
This business is a trusted precious metal dealer offering a full range of services including physical gold, silver, platinum, and palladium for sale. The business is 90% dropship with most orders being shipped by suppliers directly to customers. The owner had started out with a retail location which he closed in 2019 when he pivoted to a dropship online sales model. The results since have been explosive. The company accepts, wires, bitcoin, etc. on large orders. Smaller orders can be executed on the company website for specific products that generate the most profit. Currently all of its customers are retail, however the company is in the process of establishing a wholesale sales channel to expand operations. The business is a one-person operation with an owner ready to retire. With a new owner who can expand online marketing and create a multi-state presence, this business offers huge further potential!
Some Key Benefits Include:
- 90% Dropship
- Top Industry Relationships
- Low Overhead
- Local Business Recognitions: Named Gold & Silver Dealer of the Year (3Yrs) and Business of the Month by its area Chamber of Commerce
- High Community Participation
- Great Google Reviews
Financial Overview
Gross Revenue $1,888,872 Cash Flow $406,785 Archive Date 08-05-2021 Status Archived Year Established 2013 Employees 0 Inventory Not Included in Asking Price Other Information
Category Ecommerce drop-ship Industry Internet Location USA, Utah (Utah) Home Based Business Yes Seller Finanacing Available Yes Income Sources Products/Services Growth
Building on its well-established foundation, this business is perfectly positioned for a new owner to take the site to the next level of growth.
Some ideas for future growth include: Wholesale Opportunity, Multi-States Sales Opportunity, Cash for Gold Opportunity, Inbound Sales Team Expansion, eBay, Amazon, etc…
Interested? Let's get in touch!