Summary
An Adelaide-based coin dealership with a strong retail presence, consistent and substantial e-commerce sales, which is engaged with the national collector community through social media channels.
Location Details
Shop 2, 2-4 Hurtle Parade, MAWSON LAKES
Located in a mixed use building with plenty of street parking.
Potential
• Expand product range through partnerships with coin issuers such as The Royal Australian Mint, The Perth Mint, or The Coin Company
• Extend the trading hours of the existing store to increase purchasing and sales.
• Improve customer acquisition with paid digital and physical advertising (currently there is no paid advertising)
• Scaling the bullion purchasing and sales side of the business via other locations or pop-up booths.
• Form partnerships with coin "influencers"
Skills
A background in coins, banknotes and collectables would be advantageous. Alternatively an employee could be sourced with this expertise.
Hours
The shop is open Wednesday-Friday 10-4 and Saturday 9-1.
Lease
The current lease expires in March 2027. There may be an option to renew.
Employees
Two owners and one part-time employee.
Reason for Sale
Owners are seeking other opportunities.
About the Business
Since opening its physical store in 2019, the business has had a strong amount of repeat business from a loyal customer base of collectors, supported by diversified revenue streams across in-store, online, and auction sales.
In addition to collectible coins and banknotes, the business generates growing revenue from gold and silver bullion trading. The business offers collecting accessories sourced from both domestic and international suppliers. It is a go-to for all facets of the coin and banknote trade.
With strong brand recognition, minimal reliance on paid advertising, and consistent revenue growth, the business presents an attractive opportunity to continue in its current location for an owner-operator or investor seeking entry into a niche, high-engagement market.
25% of sales are via online channels with the balance through the shopfront. Return to owners grew almost 60% from FY2024 to FY2025 and similar growth is projected for FY2026.
History
The business was established in 2009, traded online until May 2019 when the retail store was opened.
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