Home

|

Site Map

|

Advertise

|

Contact Us

|

About Us

FRANCHISE DIRECTORY

FRANCHISE RESOURCES

NEWSLETTER

BUSINESSES FOR SALE


If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Entertainment and Leisure Businesses For Sale Categories   >>   

Amusement Park Business For Sale, Billiard Business For Sale, Bowling Alley Business For Sale, Bowling Business For Sale, Bowling Center Business For Sale, Entertainment Center Business For Sale, Games Center Business For Sale, Golf Business For Sale, Mini Golf Business For Sale, Movie Theater Business For Sale, Movie Rental Business For Sale, Park Business For Sale, Pool Hall Business For Sale, Recreation Center Business For Sale, Video Rental Business For Sale, Video Store Business For Sale

Online Penny Auction Site For Sale

Location  Kentucky,United States
Asking Price Range  < $250K
Gross Revenues  $66000
Net Profit / Cash Flow  $20000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2012
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  We will help the buyer learn the system, how to add things, and even show online communities to help market.
Reason for Sale  Time to put into the business.
Description  We own an online penny auction website, which specializes in auctioning off a wide variety of retail items at huge discounts off MSRP prices. Customers (Bidders) sign up on the website and buy Bids at rate between $0.60 - $0.85 per bid. When they bid the price of the item goes up by $0.01, making these types of website very popular especially in this type of economy. We are a legal LLC in the State of Kentucky, we have only been in operate a little over a month and already have over 200 members, out of which we have about 40 - 50 active members who are constantly bidding and buying bid packages. Lets give an example of a $25.00 gift card, that lets say sells for $1.25 on the website. Since the auction price goes up by $0.01 (One Penny) each time someone bids, that means at a total of $1.25 that was 125 bids. Since bids cost at the lowest $0.60, that would be that the company gained (125 x .60) a total revenue of $75 off this gift card minus the $25 cost of the gift card, that is a total of $50 profit for the company on this gift card. We have already established a reputation in the industry, we can show some results with bidders showing all positive responses, and we also can show how we are in the Top 75 of the best Penny Auction sites in the entire world of those that are registered and signed up to be tracked by AllPennyAuctions.com The hard work of this has really been done already, getting the initial push of customers and starting to get people talking about the site and writing reviews and things of that nature on the phone. This is an online business so there is no type of relocation needed, as the server is currently online and can be accessed anywhere so there is no re-location expenses or anything needed. We would be happy to speak with any interested buyers via phone, you can contact us via phone at 270.320.3821.
Click Here To Contact Seller

    

For more business opportunities like this go to:
http://www.globalbx.com

Home | Franchise Directory | Franchise Resources | Franchise Newsletter | Businesses For Sale | Site Map | Advertise | Contact Us | About Us
Franchise Opportunity Quick Guide | Terms & Conditions      © 2004 - . All Rights Reserved