Profitable, Well Established, Online Auction

Southwest Idaho

Seize the opportunity to own a thriving online auction platform that has established itself as a leader in Southwest Idaho’s business liquidation market since 2015. With over 18,000 loyal customers, this innovative auction site specializes in connecting businesses that are closing down with eager buyers looking to start or expand their ventures.

Featuring a user-friendly interface, this platform makes listing and bidding effortless, drawing in buyers and sellers alike. Whether it’s major retail liquidations, restaurant closings, or bankruptcy auctions, you’ll be positioned at the forefront of a booming industry.

The business's commitment to exceptional customer service and strategic marketing has built a strong reputation for trust and reliability. With weekly consignment sales primarily focused on restaurant liquidations, the potential for growth is immense as you introduce new offerings and enhance the auction experience for customers.

This is more than just an online auction; it’s a chance to lead a reputable brand with a proven track record of success. The operational location can be leased, lease-optioned to own, or purchased alongside the business, allowing you flexibility as you step into this profitable venture.

Don’t miss out on this exciting opportunity to take the helm of a business poised for continued success!

Listing Number:

23325

Category:

Internet/E-Commerce

Location:

Southwest Idaho

$1,400,000

Financial Information:

Gross Revenue:

$2,000,000

Listed Price:

$1,400,000

Down Payment:

$1,000,000

Total Income:

$540,000

Year Established:

2015

Lease Information:

Square Feet:

6920

Total Rent:

$6,000

Lease Expiration:

N/A

Lease Options:

Negotiable

Asset Information:

Leasehold Improvements:

Equipment / Fixtures:

$69,850

Inventory:

$5,000

Other Assets:

website, various social media sites, tools, 18,000 customer database

Additional Information:

Full-Time Employees:

Part-Time Employees:

Special License Required:

no, vehicle dealer license is helpful

Contract Staff:

Training Period:

60 days

Reason for Selling:

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

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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