Listing Number: 6401-661840
Description
Established fundraising service used by charities. This is a rare opportunity to acquire a business that has a positive impact in society. For over 2 decades this business has supported charities and fundraising groups through its popular auction services. Charities rely on donations and fundraisers. This auction service is critical in fundraising efforts for many great causes. They provide in-person or virtual auction services. Auction items include trips, wine, memorabilia, fine art and many other valuable products. The sale includes over $350K of equipment and $350K of auction-able inventory. This business has an amazing culture and fun working environment. There is senior management in place with a COO for almost 20 years. The seller will stay on for up to 1 year for extended transition if needed. No auction experience necessary. Serving clients in California and growing across the US. Exceptional opportunity for growth through multiple sales verticals. All prospective buyers will need to sign NDA and provide PFS.
Listing Details
- Price: $ 1,100,000
- Down Payment: $1,100,000
- Sellers Discretionary Earnings: $ 243,948
- Total Sales: $ 3,133,935
- Location: Yolo County, California
- Inventory: $ 350,000
- FF&E: $ 355,185
- Employees: 14
- Year Established: 1993
- Reason for Selling: Retirement
- Category: Travel,Art,Business Services
