North NJ Auctioneer of personal property
Business Description
The current owner developed the business from scratch over 20 years ago. They perform 4 major auctions per year. They take consignment of fine jewelry (primary revenue source), precious metals, coins, fine art, and antiques. Most of the customers have inherited items, are downsizing or planning an estate sale, and use the auction process to maximize selling prices. Most of the business comes from walk-ins, trust attorneys & real estate professionals.
About the Business
- Opportunities for Growth
- The new owner should put in a marketing program. All of the items listed are above $500 by the current owner’s preference. A growth opportunity lies in items under $500.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The owner is willing to train and assist in a smooth transition
- Financing Options
- There is some seller financing to quallified buyers
Listing Info
- ID
- 2401978
- Listing Views
- 60
Listing ID: 2401978 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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