Valley Goldmine Announces Unique Franchise System

Nationally renowned gold-buying company touts recession-proof franchise

October 08, 2010 // Franchising.com // (PHOENIX) — Valley Goldmine wants to make the gold market your business. The Phoenix- based company is offering a unique franchise opportunity to become a high-end buyer of precious metals. Valley Goldmine, which has been featured on MSNBC, Fox News and ABC, is the first to offer a franchise option in the gold-buying arena.

"The gold-buying business is truly recession proof. Our business is booming in a down economy," says Tim Hargis, president and CEO of Valley Goldmine. "Since the recession began we've served more than 24,000 customers in Arizona, Colorado, Nevada and Washington. We're offering this franchise opportunity so that others can serve their own communities."

So far, Valley Goldmine has awarded franchises in Salt Lake City, Utah; San Antonio, Texas; Albuquerque, New Mexico; Port Huron, Michigan; Orange County, California; South Riverside County, California and Dallas Forth Worth, TX.

Gold prices have appreciated steadily over the past 10 years, soaring to over $1,000 an ounce. Billions of dollars in unused and outdated precious metals sit in homes across the country. Valley Goldmine provides in-depth training to franchisees on how to purchase peoples' unwanted jewelry, profiting both seller and buyer.

Valley Goldmine franchises conduct business in the following ways: Gold parties & fundraising events. A host invites guests to bring unwanted jewelry (gold, platinum and silver) to sell. Valley Goldmine makes a competitive offer to purchase the items. If the guest accepts, a check is written on the spot. Hosts make 10 percent of the party total. Gold parties are also an innovative fundraiser for schools and non-profits.

Individual appointments. Franchisees can offer office hours or be available by appointment to meet with individuals who have gold to sell. Valley Goldmine has found that its clients value the convenience and privacy of an individual appointment. They're more willing to sell precious metals this way than through a pawnshop or other gold buying service.

"This is a unique franchise opportunity, in that there's low initial investment, low monthly overhead, no inventory and Valley Goldmine provides all the training and support that a small business owner could hope for," says Hargis.

The company offers one of the most attractive financing structures in the franchise industry. Valley Goldmine will finance up to two-thirds of the franchise fee and defer payments for one full year interest free. This allows the franchisee to open his or her business and enjoy a positive cash flow before paying the franchise fee balance.

Franchisees work with the support of eleven corporate offices in Arizona, Nevada, Colorado, Oregon, California and Washington. In addition, the franchise opportunity includes the following features:

  • Significant income potential
  • Access to a billion-dollar market
  • Recession-proof business model
  • Franchise fee guarantee (if a franchisee doesn't earn back their franchise fee in the first year Valley Goldmine will refund 50 percent of the franchise fee)
  • "Done for You" Internet marketing
  • Flexible work schedule

Hargis says the Valley Goldmine franchise opportunity can quickly earn its owner six figures. "Our business

is a unique concept, in that everyone truly benefits. Customers walk away with a check in-hand, and the franchisee walks away with gold. It doesn't get any more win-win than that."

About Valley Goldmine

Valley Goldmine and its franchises provide honest, private consultations to clients looking to sell their unwanted and broken gold jewelry and other precious metals. A fully licensed precious metals buyer, Valley Goldmine is A+ rated by the Better Business Bureau. For more information on franchise opportunities with Valley Goldmine call 877.846.6284 or email franchise@valleygoldmine.com. To learn more go to valleygoldmine.com.

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