Successful Auction Business for Sale in Ontario

Business Description

Well established, profitable niche auction business in prime location is offered for sale in Ontario. The company has built an excellent brand and substantial following as it takes advantage of its exceptional reputation for high level of product knowledge and quality of customer service, as well as strong online and social media presence to market the business. This is an attractive, growing, turnkey business with a global market reach. It includes all necessary equipment in good working order. Competent, well trained, and loyal personnel are expected to stay on as part of the sale. Great opportunity to grow revenues through expansion to other geographic areas or franchising. The retiring seller will help with financing and provide training and transition support to the new owner.
For more information please email [email protected], or call direct line: 613-282-0125, office 613-721-9140 x. 244


Business ID: OTTA0115
Business Category: Nonstore Retailers
Location: Ontario, Eastern Ontario
Financing: Available
Status: New

Company Information

Year Established: 2011
Franchise: No
Number of Employees: 5

Financial Information

Asking Price: $ 545,000
Gross Revenue: $ 1,693,247
SDE: $ 164,265
FF&E (included): $ 100,000
Inventory: On request
EBITDA: On request
Down payment: $ 495,000
Occupancy Cost: On request

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