Online Car Donation Business

Tolland County, CT (Relocatable)

Online Car Donation Business

Asking Price:$595,000

Cash Flow:$285,000

Gross Revenue:$1,200,000

EBITDA:N/A

FF&E:$10,000

Inventory:N/A

Established:2000

Online Car Donation Business

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Business Description

Great internet sales opportunity

This company operates a very lean business model in the online car donation/purchasing space. They have been very profitable every year since they started in 2000. This established niche would be a terrific addition to any automobile related business model including new/used car dealers, car auctions and metal scrap dealers. 2016 profits are expected to be $285,000 on revenues of $1,200,000. The business could be moved anywhere with no interruption in service. Included are 2 websites, proprietary software, industry pricing tools and multiple databases.

Detailed Information

Employees:
1 F/T, 5 P/T
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Owner has been leasing a small office (1000 s.f) for 16 years
Competition:
The online car donation business has over a dozen competitors however no other site handles both donations and direct car purchases. The company has built relationships with over 500 charities since it's founding over 15 years ago. These contacts would be very difficult, time consuming and expensive to duplicate.
Growth & Expansion:
This established and very profitable niche would be a terrific addition to any automobile related business model including new/used car dealers, car auctions and metal scrap dealers.
Support & Training:
Owner will stay on for up to 60 days to ensure a smooth transistion
Reason for Selling:
Owner is ready for new challenges

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Jeff Swiggett

Business Listed By:
Jeff Swiggett

VR Business Sales

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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