Active
Premier Auto Auction Business
This automobile auction business specializes in sales of a wide variety of vehicles to an established customer base. The Auction provides an auction platform in which a wide variety of vehicles are sold to car dealers and the general public. In addition to weekly auctions, vehicles are offered for auction to dealers through the online auto auction platforms. There are great opportunities for growth. Well trained and competent staff in place. Excellent opportunity for a new buyer especially someone who likes selling pre owned vehicles.
To complete our NDA and download our Confidential Information Memorandum, which contains more information about this business, please fill out the Contact Form. You can also contact Katherine Harris at [email protected] or 803-779-2919. An NDA and Buyer Profile will be requested.
Listed By: Katherine Harris
Background information
Reference:
54162
Year established:
1985
Reason selling:
Seller is ready to spend more time with family.
Finance
Sales:
$1,261,000
Profits:
$295,000
Profit type:
Discretionary Earnings
Operations
Employees:
10
Furniture fixtures and equipment:
$13,400
Premises
Facility:
A 4,000 square foot facility, with lighted storage and 24-hr security, attached to a property that accommodates large quantities of vehicles brought for auction.
Square footage:
4,000 sq. ft
Rent and lease terms:
$6,000 per month. The property is available for sale and can be negotiated as part of the business purchase.
Location:
South Carolina
Price and terms
Price:
$1,495,000