Charity Auction Business Thriving Nationwide Services

Featured on BusinessForSale.com . 39 viewed

Asking Price

$1,450,000

FOR SALE - ACTIVE

Detailed Information

Location

Yolo County, California - North, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This business for sale has been positively impacting society for 20 years through its auction services that support charities and fundraising groups across the country. Auction items range from trips to fine art, and the sale includes over $350K of equipment and $304K of inventory. Despite revenue setbacks due to Covid in 2020 and 2021, profits have rebounded in 2022 and are now at a 20-year high in 2023. The business provides in-person and virtual auction services, catering to a wide range of causes and clients across the United States. The seller is willing to stay on for up to 1 year for a smooth transition, and no prior auction experience is required for prospective buyers. The business boasts a longstanding general manager and offers great potential for ongoing growth with a diverse client base. Interested buyers are required to sign a non-disclosure agreement and provide a personal biography for more information on this unique opportunity. This is a rare chance to acquire a successful business that not only

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