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 $350K of equipment as well as $776K 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 $300K adjusted net projected. The seller will stay on for up to 2 years for extended transition if needed. Seller offering $500K 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 at Please refer to listing #6401661840.
- Asking Price:
- $1,950,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,835,854
- Cash Flow:
- $154,290
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 5852 Square Footage: 9000 Building Type: Commercial
Terms & Options: Expiration Date: 3/1/2025
- Premises Details:
-
Lease/Month: 5852 Square Footage: 9000 Building Type: Commercial
Terms & Options: Expiration Date: 3/1/2025
Business Operation
- Competition / Market:
-
Non Compete : Miles: 500 Years: 5
- Reasons for selling:
-
Retiring
- Employees:
- 16
- Years established:
- 20
Other Information
- Support & training:
-
Weeks Training: 4 Cost: $0
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Loan/Seller - Amt: 500,000 Mos: 60 Rate: 6.00 Mo Pmt: 9,666.40
- Furniture / Fixtures value:
- $356,684 - included in the asking price
- Inventory / Stock value:
- $776,000 - included in the asking price