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Business For Sale

3 INTERNET AUCTION FRANCHISES FOR SCOTTSDALE

Attn: Jim Magrogan
Phoenix/Scottsdale, AZ, USA
Listing Number: "8304"
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Asking Price: $50,000 USD USA Dollars
Business for Sale Industry: Technology: Internet  
Reason for Selling: Absentee owner doesn't have time to focus on business
Year Established: 2005
# of Employees: 2 Part Time & 1 Manager
Yearly Revenues: $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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