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For Sale: Liquidation And Appraisal Company - Established - Placer County, California

$1,200,000.00

Asking Price

Placer County Liquidation And Appraisal Company - Established Business For Sale

Description

The business is a specialized service/niche, and the sees little to limited competition in their region of operation. Business is in a great geographical area for industry purposes (i.e., inventory, interest and attendance on auction days etc.). The business enjoys healthy, long-term relationships with consistent attendees (buyers) and with sellers as well.

The business warehouse is approximately 10,000 square feet. This includes a reception area that houses a desk and safe w/drop box, at this time. Additionally, there is an outdoor space that is approximately two acres, enclosed by shipping containers. The facility is under a month-to-month lease and the owner is very easy to work with.


Clients range from Estate Management to Government entities and more! Any company or entity looking to liquidate an asset has the potential to be a client. There are innumerable opportunities to pursue potential contracts and new sellers/clientele. Auctions are a necessary service.

There are numerous opportunities for growth by either adding or increasing services. These include the pursuit of new contracts and broadened coverage/advertising, and/or increasing staff/hours to accommodate increased inventory.


Owners are willing to provide a reasonable transition and training period for a new owner the terms of which shall be agreed to and defined in a Definitive Agreement (such as an Asset Purchase Agreement).

Owners have elected to sell the business and spend more time with family.

DISCLOSURES: The Secretary of State does not issue licenses to an auctioneer or auction company, however, there is a requirement to have a $20,000 bond on file with the Secretary of State (see California Civil Code 1812.600). The new owner will also have to obtain their Vehicle Dealer License for the resale of vehicles at auction.

For further information please submit any inquiry through this website. You will be required to complete a Non-Disclosure Agreement prior to receiving any additional information. Financial information is only provided after the initial phone interview with the Regional Business Broker assigned to this listing. Images on this website are stock images and not actual images of the business. Broker, brokers agents and broker-associates, employees and all other affiliates of Broker have NOT verified any of the information provided here. By submitting your inquiry through this website, you are granting Broker permission to add you to Broker's email subscription list.

To get more information about this Liquidation And Appraisal Company - Established business for sale in Placer County please phone Darrin Davenport (Intermediary, Agent - BRE License #:2116564) at 866-802-0508 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284729 on BizBen.com. In addition to phoning Darrin Davenport, make sure you email Darrin Davenport above to get more info about this Liquidation And Appraisal Company - Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01224602. Common Ground Business Brokers.

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Contact

  1. Name: Darrin Davenport
  2. phone iconPhone: 866-802-0508
  3. phone iconPhone: --

Details

  1. Asking Price: $1,200,000.00

  2. Down: Call/Email

  3. Cash Flow: $524,632.00

  4. Revenue:    $4,329,059.00

  1. Area: Placer County

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & Support

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