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  • RE:  Profitable, Well Established, Online Auction
  • Contact:  Mark Cardoza

Quick Facts

Asking Price: $1,400,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $540,000
Total Debt: Not Disclosed
FF&E: $69,850
Real Estate: Not Disclosed
Year Established: 2015
Employees: 5
BBN Listing #: 948790
Broker Reference #: 229-23325

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Business Overview:

Founded in 2015, this on-line auction based in Southwest Idaho has established itself as a reputable and profitable marketplace with a loyal customer base of over 18,000 individuals and businesses. Over the past 10 years, the platform has gained recognition for providing a convenient and secure environment for buying and selling a diverse range of products. With a user-friendly interface that simplifies the listing and bidding processes, it has become a go-to destination for buyers seeking unique items and sellers looking to reach a broad audience. The company's strategic marketing efforts have helped attract a large and engaged customer base, fostering trust and loyalty among its users. The business's success can be attributed to its unwavering commitment to exceptional customer service, strong security measures, and a transparent pricing structure. By prioritizing customer satisfaction and maintaining a focus on building lasting relationships with buyers and sellers, the platform has achieved consistent financial growth and stability over the years. Looking ahead, the business remains dedicated to innovation and expansion, with plans to introduce new offerings and enhance the overall auction experience for customers in Southwest Idaho and beyond. With a proven track record of success, a specialized area of service and a strong foundation built on excellence, the business is well-positioned for continued growth and prosperity in the competitive on-line auction industry. The business operates from a location that can be leased, lease-optioned to own, or purchased along with the business. For additional information please contact listing agent Mark Cardoza using reply to this ad button.

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Property Features and Assets:

This is a leased location of 6,920 square feet with a Total monthly rent of $6,000. Lease is negotiable. Seller is active with 3 Full Time and 2 contract employees. Hours of operation are 10am-4pm Monday - Friday. $5,000 in inventory and $69,850 in FF&E included in the asking price. Other Assets include the website, various social media sites, tools, 18,000 customer databases.

Reason for Selling:

Want to move out of state and start a new business.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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