Online Auction Website

Saginaw County, MI (Relocatable)

Seller Financing Available
Online Auction Website

Asking Price:$199,900

Cash Flow:$170,288

Gross Revenue:$820,645

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2007

Online Auction Website

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Business Description

This is a great opportunity to own a one-of-a-kind, high volume Online Auction Website business in the State of Michigan. Established since 2007, this Auction Website sells just about anything you can imagine and has done a tremendous amount of high volume sales over the past 9 years. Some of the items include: Cars, Boats, Motorcycles, Snowmobiles, Farm Equipment, Office Equipment, Household Goods, Furniture, Collectibles, Guns, Etc…The storage warehouse is 15,000 sq ft that can be relocated anywhere with most of the inventory on hand is on consignment. Seller has been running the business semi-absentee the past couple of years due to owning other businesses. A new owner/operator along with some creative advertising/marketing to promote the business, you have HUGE potential to the already high gross sales and cash flow. This business is priced aggressively to sell and will not last long! A must see/must have business with unlimited potential! Call Armen Nazarian @ 248-855-7753 or visit www.armennazarian.com

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
15,000
Lease Expiration:
N/A
Employees:
6 FT
Financing:
$199,900 with $100,000 down, 8% int., amortized over 60 months.
Support & Training:
Seller will train
Reason for Selling:
Absentee owner which has other businesses

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Armen Nazarian

Business Listed By:
Armen Nazarian

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