Auction Business – For Sale

Auction Business – For Sale
T/O: $1,800,000 - FY 2024 (conservative projection)
Profit $323,000 – 2024 FY projection
Price: $660,000 includes all stock & plant
Unique auction business specialising in a niche collectors' industry
This business usually conducts 10 auctions every year with around 99% of all products sold on the day of any auction and the rest after the auction.
Established in 2017 and quickly found success and expanded in numerous collectors' categories.
An excellent quality database of buyers who are mainly men and who are also reliable and cashed-up clients.
This is an Australian-owned and operated business. The business has strong brand dominance and is also number one in at least 1 category. Strong client base relationships with integrity at the heart of all transactions.
Key Features:
•Excellent reputation and trustworthy name in the industry
•Highly profitable and simple to operate.
•No stock required – capital-light business model
•Lots of upside and indeed the vendor will discuss opportunities
•Auction software "HiBid" makes running the business simple
•Real community-based relationships with members on both sides of the transaction
•1x permanent staff member and 2x part timers plus vendor
•Great database of individuals and museums
For more information contact Rad Benicky on XXXXXXXXXX or email XXXXXXXXXX