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Asking Price$1,300,000
Revenue$500,000 EstablishedUndisclosed
Cash Flow$400,000 EmployeesUndisclosed
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
100 YEAR OLD COMPANY FOR SALE Going Once, Going Twice Sold to the Buyer Who Knows a Great Auction/Appraisal Company! The most established and reputable auction and appraisal house in the Tri-State area is on the market. Through a discipline honed over the course of a century, this family owned business has consistently achieved the highest possible profit margins by maintaining the lowest possible backlog of unmovable inventory. With frequent on-site auctions of acquired businesses serving as the life blood of this business, the current owners have also maintained a reliable additional income stream with their well- attended monthly warehouse auctions. This business opportunity comes with additional advantages, such as its long-held and favorable lease terms for office and warehouse spaces. Additionally, this business currently only conducts 5 percent of its auctions online. With a renewed focus on this emerging auction niche, the possibilities are endless. This company would entertain the idea of a partnership at a cost of one million with 500,000 down.

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Training/Support:The seller will train the new buyer.
Seller Financing:750,000.00 Down & 800,000 2 years 6 %
Sale Reason:Seller is retiring.
Ad #69538
Seller Reference #26559
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David Yisroel Leventhal
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