Property photos
Business
Leasehold
£49,950
Retail premises for sale
Jewellers & Pawn Brokers BD19, West YorkshireLocal area information
Property location
Nearby amenities
- Howard Park Community School 0.1 miles
- Pivot Academy 0.2 miles
- Low Moor 2.4 miles
- Brighouse 3.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Easy to run - no previous experience necessary
- Busy shopping centre location
- Operated primarily by staff
- Net profit in excess of £40,000
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.
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.
More information
Listed by
Ernest Wilson
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