Business Overview:
The owner started selling sports collectibles and memorabilia since he was 14. He started selling his collections at a young age making huge profits. He also started an online business called Penny Away Over the years his collection has grown to more than 2 million items. Currently the collections are stored in 2 different locations. Because of personal health issues, owner is selling his assets and his online business. His online business is a unique concept that has only been around for about 1 year. The website is ready to operate. Its competitor is already making more than a hundred thousand dollars a day using this auction concept. The owner is willing to teach new owner how to run. The value of the collections is more than $5million and the potential to generate revenue in a few months on the auction site is incredible. The website and assets are priced for a quick sale.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Market Competition and Expansion:
This online business is a unique concept that has only been around for about 1 year. The website is ready to operate. Its competitor is already making more than a hundred thousand dollars a day using this auction concept. The owner is willing to teach new owner how to run.
Reason for Selling:
Health issues
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: