Very Profitable Auction House Business for Sale

This auction house holds in person and on-line auctions. They specialize in auto, truck and equipment auctions. This business has an excellent reputation, good pricing, and high volume. There is a potential to grow this business by increasing product line, knocking on more doors, ramping up on-line auctions, and offering buyer protection, warranty, and financing. Assets included in the asking price are furniture, fixtures, equipment, goodwill, name, and client list.

Year established: 1971
Reason selling: Retirement

Sales: $1,090,000
Profits: $230,000
Profit type: Discretionary Earnings
Employees: 7 Full-Time, 19 Part-Time

This business is located in Winnipeg, MB.

  • Canada, Manitoba, Winnipeg
  • 111

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Asking Price

$ 525,000 (CAD)
Seller Information
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