Profitable, Well Established, Online Auction

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%**: B stock from an Amazon/Home Depot charity consignment– 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!

This is a leased location of 6,920 square feet with a Total monthly rent of $3,500. Lease is negotiable. Seller is active with 3FT and 2 contract employees. Hours of operation are 10am-4pm Mon-Fri. $5,000 in inventory and $64,850 in FF&E included in the asking price. Other Assets include the website, various social media sites, tools, 21,000 customer databases.