Under Contract
SBA Pre-Qualified Luxury Resale Business | 2 Luxury Brands | 17-Year Business | Experienced Staff in Place | 33% YOY Profit Growth
Two-brand luxury resale company in metals, jewelry, and handbags
On NextCompany since September 3, 2026 (42 days)
Location undisclosedEstablished 2009
Business overview
This luxury resale company buys precious metals, fine jewelry, watches, gemstones, and designer handbags. Website Closers lists the two-brand business, which has operated since 2009. One brand pays cash for gold, silver, diamonds, and luxury watches. The second brand launched in 2020 and authenticates pre-owned handbags for ecommerce resale.
The company asks $4,600,000 against $11,395,747 in revenue and $2,035,551 in cash flow. Profit grew 33% year over year. Three buying offices in affluent areas source handbags from consumers. Term loans on collateralized metals earn between 8% and 25% interest.
Who is a good fit for this business
- Owner-operators ready to run a cash-based luxury buying company with W2 staff already in place.
- Buyers prepared to close with SBA financing using a 10% down payment and 10-year amortization.
- Operators planning more buying offices in Texas, California, or other high-income metros.
- Marketers who can turn existing TikTok, Instagram, and YouTube audiences into live shopping.
Details
Frequently Asked Questions
The company buys and resells precious metals, fine jewelry, luxury watches, gemstones, designer handbags, and luxury accessories. Consumers sell high-end valuables for cash. Shoppers then buy authenticated pre-owned goods through ecommerce and physical channels. Website Closers lists this two-brand operation.
One brand pays cash for gold, silver, diamonds, jewelry, watches, and stones. It also offers term loans that earn between 8% and 25% interest, mostly collateralized by precious metals. Customers either repurchase the collateral or the company sells it after default. The second brand launched in 2020, buys handbags at three offices, authenticates them, and lists them online.
Website Closers lists the company at $4,600,000. Gross revenue is $11,395,747 and cash flow is $2,035,551. Profit grew 33% year over year. Average inventory runs about $350,000 in handbags, $700,000 in metals and jewelry, and $800,000 in pawn loan receivables.
Lending partners have prequalified this business for SBA financing. A buyer can put 10% down. The remaining balance amortizes over 10 years at competitive interest rates. Website Closers presents this as an SBA financing opportunity for a qualified purchaser.
An experienced W2 team covers both brands without contractors. The metals side employs a full-time general manager, gold buyer, and debt collector. A part-time admin supports that group. The handbag side employs a manager, two bag buyers, a processor, and a photographer. Front desk, shipment, and cleaning staff complete daily operations.