Scrap gold birmingham

**Business for Sale: Birmingham Gold Co.**

**Location:** 94 Vyse Street, Hockley, Birmingham, B18 6JZ  
**Sector:** Precious Metals Buying & Selling  
**Asking Price:** Offers in the range of £280,000 - £380,000  
**Reason for Sale:** Retirement

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### **Business Overview**
Birmingham Gold Co.  est. 2009,  is a highly reputable and well-established business specializing in the purchase of gold and silver scrap. Situated in the heart of Birmingham’s Jewellery Quarter, the company benefits from high footfall and a loyal customer base, particularly among older demographics. The business has been trading successfully for over a decade and has demonstrated consistent growth in revenue and profitability.

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### **Key Highlights**
- **Turnover:** £3,064,762 (2024) with a gross profit of £242,045.
- **Net Profit:** £180,427 (2024).
- **Website:** Established, SEO-optimized site (www.birminghamgoldcompany.co.uk) with strong online visibility and lead generation capabilities.
- **Lease:** Two years remaining on a prime location lease with potential for renewal.
- **Assets:**
 - Equipment and motor vehicles valued at £27,472.
 - Stock and work-in-progress valued at £12,398.
- **Intangible Assets:** Significant goodwill due to a trusted reputation in the local community.

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### **Growth Opportunities**
- **Expansion:** Introduce new revenue streams such as selling investment-grade metals or jewelry.
- **Digital Marketing:** Further optimize the website and invest in online marketing to drive more traffic and online sales.
- **Customer Base:** Capitalize on the growing demand for gold and silver by targeting younger audiences through modern advertising.

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### **Facilities and Lease**
The premises are located in a prime retail location in Birmingham’s Jewellery Quarter. The shop features a welcoming customer-facing area and secure facilities for handling and storing precious metals. The lease is highly competitive, with two years remaining and an opportunity for extension.

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### **Reason for Sale**
The owners are seeking to retire and are keen to pass the business on to a buyer who can continue its legacy of excellent service and profitability.

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### **Included in the Sale**
- Fully functional and operational business with a strong customer base.
- Equipment, machinery, and motor vehicles.
- Stock and work-in-progress.
- Ownership of the domain and website (www.birminghamgoldcompany.co.uk).
- Training and support for a smooth handover (negotiable).

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### **Ideal Buyer**
This opportunity is ideal for:
- Entrepreneurs seeking a highly profitable and reputable business in the precious metals sector.
- Investors looking to expand their portfolio with a well-established, cash-generating enterprise.
- Industry professionals wanting to scale their operations in a prime location.

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*Serious inquiries only. Proof of funding will be required prior to discussions.*