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Business For Sale
3 INTERNET AUCTION FRANCHISES FOR SCOTTSDALE
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Asking Price: |
$50,000
USD USA Dollars
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Business for Sale Industry: |
Technology: Internet
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Reason for Selling:
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Absentee owner doesn't have time to focus on business |
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Year Established:
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2005 |
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# of Employees:
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2 Part Time & 1 Manager |
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Yearly Revenues:
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$163,000 |
Business for Sale Overview:
Price includes one operating store and the license to open two additional locations. Business is part of a network of independently owned and operated stores that sell items on E-Bay for a commission. Original business model focused on consumers; however, owner has developed relationships with several large companies to sell excess inventory/equipment, this allows the business to be relocated to an industrial area to take advantage of lower rent. Seller will pay one half of transfer fee of approximately $10,000; if any. Franchiser charges $15,000 for first franchise and $10,000 for each additional; new locations require $60,000 in furniture & fixtures, so you can buy the business for less then the cost of opening one location. Financials adjusted for managers salary to show owner/operator results.
Property Features and Assets:
1,240 square feet. Monthly Rent: $3,063. Exp: 12/31/2008.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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