Profitable, Well Established, Online Auction

Idaho
listing image
Asking Price:$1,400,000
Gross Revenue:$2,000,000
Rent:$6,000
Established Year:2015
Cash Flow:$540,000
Inventory:$5,000
FF&E:$69,850
BUSINESS DESCRIPTION

Recession proof, highly profitable!

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! For additional information please contact listing agent Mark Cardoza at (208) 352-0888 or mark.cardoza@fcbb.com


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,920
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
Support & Training
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.
Reason for Selling
Want to move out of state and start a new business.
Report an Issue with this listing
profile-img
Mark
Cardoza
logo-img
Mark Cardoza