Penny Auction Website With Inventory
Location Nevada,United States
Asking Price Range $250K - $500K
Gross Revenues $1500000
Net Profit / Cash Flow $1200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1986
Number of Employees 1 - 3
Inventory 2000000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks
Reason for Sale Other business Interests
Description This internet based penny auction business is projecting profit of $1,200,000 based solely off what is in the current inventory if everything is sold for 1 cent! The sale of the business includes the inventory, website, social media accounts and approximately 800 plus pages of drop shippers world-wide! This is also the type of business that may be relocated with minimal expense.
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