Jeffrey Morinâ€™s Coins for Anything business brings in $5,000,000 a year.Â Morin has made many changes over the last few years to his business and they have helped to make him more successful.Â Â Â
Coins for Anything sellâ€™s Marines, Navy, Air Force, Army metals; the coins cost anywhere from $9 to $16. Some coins have unusual shapes and features. Special order coins can also be ordered with their own artwork (minimum quantity 100 coins, $2.20 per coin).
Morin has successfully expanded his coin business to include weddings, sports teams, and corporations such as Starbucks, Delta Air Lines and United Parcel Service. He hired a web designed, and changed his company name from Marine Corps Coins to Coins for Anything. He now offers trophies, pins and lanyards.
Coins for Anything generates about $5 million in revenue. Business costs include product for $2.5 million, payroll is $500,000 for 16 employees, and rent is $7,000 a month for a 4,000-square-foot headquarters in a Stafford office park. And Google gets about $1 million a year.