Lebanon County, PA Financial Services Businesses For Sale

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Successful, Established Auction House - New LOW Price!Price Lowered - Motivated Seller - Record Year in 2017!
$350,000Cash Flow: $187,000Seller Financing
Successful, Established Auction House - New LOW Price!Price Lowered - Motivated Seller - Record Year in 2017!

Lebanon, PA

This extremely well established auction house provides valuable estate liquidation services to executors of estates and families of seniors downsizing or moving into retirement communities. As presently operated, this business operates on a 40 hr per week schedule and is thus lifestyle friendly. The business is relatively recession proof and has maintained very steady sales and profitability year after year. Sales are held on a weekly basis and are cash at time of sale. Thus working capital requirements are low and there is no inventory to manage and worry about. Great opportunity for an auctioneer to earn a substantial income or could be owned and run by a manager with a hired auctioneer of record. This business has a very set routine that is executed over and over on a weekly basis. Seller will discount full package (business and real estate) for simultaneous purchase by $100,000 for a combined price of $750,000. With SBA financing, this business can be bought with a cash injection of $39,500, buyer gets $25,000 cash at closing for starting working capital, and the cash on cash return is 181% ($71,000 on a $39,500 investment) annually after paying debt service. To purchase business and real estate, the cash injection is $82,000, buyer gets $30,000 cash at closing for starting working capital, and the cash on cash return is 106% ($87,000 on a $82,000 investment) annually after paying debt service.


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