Asset Liquidation Auction Biz | Restaurant Niche | 13 Yrs - Business for Sale
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Restaurant Asset Liquidation Auction Business in Florida
FL, US
Added today
E-Commerce, Food & Beverage, Business and Professional Services
11 years in business
An online auction services business based in Florida specializes in asset liquidation for restaurant closures and has been operating for 11 years.
Key Information
Asking
$750K
Revenue
$1.4M
Earnings
$297K
Multiple
2.5x
Key Highlights
- 11 years in operation
- 90% of client base from the restaurant sector
- 70% repeat customers
- 50% gross commission per auction (35% from sellers, 15% from buyers)
- $30,000 average auction value
- $1,000 average per auction cost
- Minimal working capital required
- Processes an average of 50 invoices daily
Contact Info
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