Overview
Description
Now on the market is a prestigious metals business selling precious metal coins, bars (silver and gold) and the occasional collectable coin mainly via Amazon FBA but also via their own website. Their customer base comprises collectors, those looking to start a metals investment portfolio and gift buyers for special occasions.
Established in 2020, the business is based in London with a third-party fulfilment/packaging partner in Kent that is highly reliable and trustworthy, however, the business can be relocated anywhere and is currently run remotely. With the current vendor running this business as a side project, it has ample scope for growth reflected in its profit margins and established client base.
The company requires little time to manage and grow at a consistent rate, with great relationships with suppliers and a fully functioning website that attracts a wide base. It has quick cash conversion cycles with great potential returns on equity.
This fantastic business venture would be an ideal purchase for someone that enjoys working remotely as they can also fulfil orders themselves if needed, increasing the handling speed and removing added costs. The vendor is happy to provide 3 months of “after sales” support and guidance as part of the deal in addition to providing a list of real expansion opportunities with an almost “step-by-step” guide for support.
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