Exchange Shop

Reference Code 0774

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!

Business Location Suburban Wayne County, MI

Gross Sales $464,659 Cash Flow $84,779 Business Price $170,000 Down Payment $85,000 Monthly Payment $1,723.49 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales Inventory Value $40,000 Employees Full Time 1 Employees Part Time 1 Date Established 1987 Hours of Operation Mon-Fri 10am-6pm / Sat 10am-2pm Rent $2,400 Gross Lease Period New Lease Required Reason for Sale Retirement