Profitable, Well Established, Online Auction
Relocatable, ID Not Disclosed
Southwest Idaho
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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 |
Business Overview:
Seize the opportunity to own a thriving online auction platform that has established itself as a leader in Southwest Idaho’s business liquidation market since 2015. With over 18,000 loyal customers, this innovative auction site specializes in connecting businesses that are closing down with eager buyers looking to start or expand their ventures.
Featuring a user-friendly interface, this platform makes listing and bidding effortless, drawing in buyers and sellers alike. Whether it’s major retail liquidations, restaurant closings, or bankruptcy auctions, you’ll be positioned at the forefront of a booming industry.
The business's commitment to exceptional customer service and strategic marketing has built a strong reputation for trust and reliability. With weekly consignment sales primarily focused on restaurant liquidations, the potential for growth is immense as you introduce new offerings and enhance the auction experience for customers.
This is more than just an online auction; it’s a chance to lead a reputable brand with a proven track record of success. The operational location can be leased, lease-optioned to own, or purchased alongside the business, allowing you flexibility as you step into this profitable venture.
Don’t miss out on this exciting opportunity to take the helm of a business poised for continued success! For additional information please contact listing agent Mark Cardoza using reply to this ad button.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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:
Relevant Links:
- View more Idaho businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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