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  • RE:  Profitable, Well Established, Online Auction
  • Contact:  Mark Cardoza
Owner Financing is Available!
800,000 owner carry @ 8%, 48 months

Quick Facts

Asking Price: $1,400,000
Annual Revenue: $1,900,000
Net Profit: Not Disclosed
Cash Flow: $357,000
Total Debt: Not Disclosed
FF&E: $64,850
Real Estate: Not Disclosed
Year Established: 2015
Employees: 5
BBN Listing #: 948790
Broker Reference #: 229-23325

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Business Overview:

This auction business presents a streamlined and resilient financial profile, bolstered by strategic operational shifts and a refined focus on high-performing core services. While the top-line revenue shows a measured decline over the three-year period, this was the result of a purposeful decision to eliminate a historically unprofitable segment—automobile flipping—allowing resources and focus to shift toward more successful and scalable categories. Additionally, time and energy were placed on a facility's build-out to enhance enclosed storage capabilities.

**Core Operations Breakdown**

- **75%**: Off-site business liquidation auctions – consistent and established revenue stream

- **15%**: RV, food trucks, and specialized vehicles – targeted niche with stable performance

- **10%**: B stock from an Amazon/Home Depot charity consignment – accessible and flexible revenue drivers

The SDE weighted average over three years delivers **$356,448**, demonstrating sustained earnings capacity and flexibility in ownership compensation, even in transitional years. Operational Strengths & Strategic Adjustments:

- **Improved Gross Profit Margin in 2023**: A jump to 26% reflects refined inventory management and category optimization.

- **Stable core business**: The off-site auction operations remain unaffected and continue to anchor the business’s reliability and performance.

- **Controlled Expenses**: Variability in operating expenses reflects reinvestment choices and non-recurring costs, while consistent banker’s add-backs protect earnings integrity.

- **Optimized Personnel Costs**: Owner compensation reflects operational involvement and can be restructured for buyers seeking passive or active roles.

The business is well-positioned for a buyer looking to continue a lean and focused operation with multiple streams of revenue. This can be expanded as well. The shift away from underperforming segments has positioned it for more consistent cash flow and simplified operations, making it a strategic acquisition for entrepreneurs with experience in asset-heavy services, auctions, or niche retail. It’s a fun business!

For additional information please contact listing agent Mark Cardoza using reply to this ad button.

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

This is a leased location of 6,920 square feet with a Total monthly rent of $3,500. 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 $64,850 in FF&E included in the asking price. Other Assets include the website, various social media sites, tools, 21,000 customer databases.

Reason for Selling:

Want to move out of state and start a new business. Kindly ask the seller for more information.

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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