Seller's Contact Information

  • RE:  20 Year Old National Auction Service For Sale In C
  • Contact:  Simon Polzer
Owner Financing is Available!
Loan/Seller- Amt: 500,000 Mos:60 Rate:6.00 Mo Pmt:9,666.40

Quick Facts

Asking Price: $1,950,000
Annual Revenue: $2,835,854
Net Profit: Not Disclosed
Cash Flow: $154,290
Total Debt: Not Disclosed
FF&E: $356,684
Real Estate: Not Disclosed
Year Established: 1993
Employees: 16
BBN Listing #: 9192630
Broker Reference #: 6401661840

Email or Print Listing

Business Overview:

This is a rare opportunity to acquire a business that makes a difference in the world. For 2 decades this business has helped charities and fundraising groups through its popular auction services. Charities rely on donations and fundraisers. This auction service is critical in fundraising efforts for many great causes. They provide in-person or virtual auction services. Auction items include trips, wine, memorabilia, fine art, and many other valuable products. The sale includes over $350,000 of equipment as well as $776,000 of auction-able inventory. As with many businesses, Covid hindered revenue in 2020 & 2021. However, 2022 and 2023 are trending back to historical performance levels. 2023 is on pace to be the best year ever with $300,000 adjusted net projected. The seller will stay on for up to 2 years for extended transition if needed. Seller offering $500,000 financing at 6% for 5 years. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Simon Polzer. Please refer to listing #6401661840.

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Property Features and Assets:

Lease/Month: $5,852;Square Footage: 9,000;Building Type: Commercial; Expiration Date: 3/1/2025.

Market Competition and Expansion:

Non Compete: Miles: 500 Years: 5

Reason for Selling:

Retiring

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

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