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Profitable, Well Established, Online Auction For Sale

Southwestern Idaho, Idaho, US
Asking Price:
$1,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,000,000
Cash Flow:
$540,000

Founded in 2015, this on-line auction based in Southwest Idaho has established itself as a reputable and profitable marketplace with a loyal customer base of over 18,000 individuals and businesses. Over the past 10 years, the platform has gained recognition for providing a convenient and secure environment for buying and selling a diverse range of products. With a user-friendly interface that simplifies the listing and bidding processes, it has become a go-to destination for buyers seeking unique items and sellers looking to reach a broad
audience. The company's strategic marketing efforts have helped attract a large and engaged customer base, fostering trust and loyalty among its users. The business's success can be attributed to its unwavering commitment to exceptional customer service, strong security measures, and a transparent pricing structure. By prioritizing customer satisfaction and maintaining a focus on building lasting relationships with buyers and sellers, the platform has achieved consistent financial growth and stability over the years. Looking ahead, the business remains dedicated to innovation and expansion, with plans to introduce new offerings and enhance the overall auction experience for customers in Southwest Idaho and beyond. With a proven track record of success, a specialized area of service and a strong foundation built on excellence, the business is well-positioned for
continued growth and prosperity in the competitive on-line auction industry. For additional information please contact listing agent Mark Cardoza

Property Information

Real Estate:

Lease

Leasehold Rent:

$6,000 per annum

Premises Details:

This is a leased location of 6,920 square feet with a Total monthly rent of $6,000. Lease is negotiable. Seller is active with 3FT and 2 contract employees. Hours of operation are 10am-4pm Mon-Fri. $5,000 in inventory and $69,850 in FF&E included in the asking price. Other Assets include the website, various social media sites, tools, 18,000 customer databases.

Size in square feet:
6,920

Business Operation

Reasons for selling:

Want to move out of state and start a new business.

Trading hours:

10AM - 4PM MON - FRI

Employees:
5
Years established:
9

Other Information

Support & training:

60 days

Furniture / Fixtures value:
$69,850 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price
Relocatable:
This business can be relocated.