Gold Max of California

Gold Max of California Plans 100 New Stores


Gold Max of California announced today they are on track to open 100 Gold Max stores in Southern California within the next year. With more than 150 stores, Gold Max operates the United States' largest chain of stores specializing in buying gold and precious metals from consumers. Gold Max entered the Southern California market in the fall of 2010 and opened 8 stores. Since retaining Present Value Properties as its exclusive real estate broker for California in early 2011, Gold Max has already opened 6 new stores in Southern California and will soon open 9 more. Currently, Present Value Properties is in negotiations on additional 23 stores for Gold Max in Southern California.

Jordan Sadoff, co-founder of Gold Max shared the secret of their success, "Present Value Properties has worked with us to redesign our development process to significantly reduce the time necessary to identify sites, sign deals and open stores. We are now opening stores in less than 90 days from start to finish," Sadoff said. Store size can range from 700 to 4,000 square feet.

The real secret to Gold Max's rapid growth is the founder's eagerness to make fair deals. "Gold Max has been a great client to work with because the principals, Scott Garber and Jordan Sadoff, are committed to the development process," according to Greg Fisher, president of Present Value Properties. "The principals are creative and aggressive deal makers who make quick decisions and move forward aggressively."

Scott Garber, cofounder of Gold Max, spoke of his excitement about the successful store openings. "We are very happy with our customers' positive response to our beautiful new stores and our very friendly and professional buying staff. We have been very surprised by how many people did not know how valuable their old, broken, and outdated jewelry really is until they come to our stores. They are very happy to get so much money for jewelry they never wear anymore."

— 1888 Press Release (Read Full Article)