This auction business presents a streamlined and resilient financial profile, bolstered by strategic operational shifts and a refined focus on high-performing core services. While the top-line revenue shows a measured decline over the three-year period, this was the result of a purposeful decision to eliminate a historically unprofitable segment—automobile flipping—allowing resources and focus to shift toward more successful and scalable categories. Additionally, time and energy were placed on a facility's build-out to enhance enclosed storage capabilities.
**Core Operations Breakdown**
- **75%**: Off-site business liquidation auctions – consistent and established revenue stream
- **15%**: RV, food trucks, and specialized vehicles – targeted niche with stable performance
- **10%**: Consumer consignment and B stock from Amazon/Home Depot – accessible and flexible revenue drivers
The SDE weighted average over three years delivers **$356,448**, demonstrating sustained earnings capacity and flexibility in ownership compensation, even in transitional years. Operational Strengths & Strategic Adjustments:
- **Improved Gross Profit Margin in 2023**: A jump to 26% reflects refined inventory management and category optimization.
- **Stable core business**: The off-site auction operations remain unaffected and continue to anchor the business’s reliability and performance.
- **Controlled Expenses**: Variability in operating expenses reflects reinvestment choices and non-recurring costs, while consistent banker’s add-backs protect earnings integrity.
- **Optimized Personnel Costs**: Owner compensation reflects operational involvement and can be restructured for buyers seeking passive or active roles.
The business is well-positioned for a buyer looking to continue a lean and focused operation with multiple streams of revenue. This can be expanded as well. The shift away from underperforming segments has positioned it for more consistent cash flow and simplified operations, making it a strategic acquisition for entrepreneurs with experience in asset-heavy services, auctions, or niche retail. It’s a fun business!
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$1,400,000
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Total Income:
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Total Rent:
Lease Expiration:
Lease Options:
Asset Information:
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Inventory:
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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.
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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Listing Number:
Category:
Location:
Listed Price:
This auction business presents a streamlined and resilient financial profile, bolstered by strategic operational shifts and a refined focus on high-performing core services. While the top-line revenue shows a measured decline over the three-year period, this was the result of a purposeful decision to eliminate a historically unprofitable segment—automobile flipping—allowing resources and focus to shift toward more successful and scalable categories. Additionally, time and energy were placed on a facility's build-out to enhance enclosed storage capabilities.
**Core Operations Breakdown**
- **75%**: Off-site business liquidation auctions – consistent and established revenue stream
- **15%**: RV, food trucks, and specialized vehicles – targeted niche with stable performance
- **10%**: Consumer consignment and B stock from Amazon/Home Depot – accessible and flexible revenue drivers
The SDE weighted average over three years delivers **$356,448**, demonstrating sustained earnings capacity and flexibility in ownership compensation, even in transitional years. Operational Strengths & Strategic Adjustments:
- **Improved Gross Profit Margin in 2023**: A jump to 26% reflects refined inventory management and category optimization.
- **Stable core business**: The off-site auction operations remain unaffected and continue to anchor the business’s reliability and performance.
- **Controlled Expenses**: Variability in operating expenses reflects reinvestment choices and non-recurring costs, while consistent banker’s add-backs protect earnings integrity.
- **Optimized Personnel Costs**: Owner compensation reflects operational involvement and can be restructured for buyers seeking passive or active roles.
The business is well-positioned for a buyer looking to continue a lean and focused operation with multiple streams of revenue. This can be expanded as well. The shift away from underperforming segments has positioned it for more consistent cash flow and simplified operations, making it a strategic acquisition for entrepreneurs with experience in asset-heavy services, auctions, or niche retail. It’s a fun business!
Financial Information
Gross Revenue:
Listed Price:
Down Payment:
Total Income:
Year Established:
Lease Information
Square Feet:
Total Rent:
Lease Expiration:
Lease Options:
Asset Information
Leasehold Improvements:
Equipment / Fixtures:
Inventory:
Other Assets:
Additional Information
Full-Time Employees:
Part-Time Employees:
Special License Required:
Contract Staff:
Training Period:
Reason for Selling:
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.
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.
Read First Choice Business Broker,
Terms of Use before responding to any ad.
