Well-Established and Profitable Online Auction House

Asking Price$1,540,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Well-Established and Profitable Online Auction House


Asking Price$1,540,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Easy to relocate in Canada or the US
This is a well-established online auction house that has been operating successfully for over 15 years.

It provides a platform and an open market place to buy and sell a wide range of items such as art works, antique curios, vintage pieces of decorative items, vintage coins, precious stones, jewellery, porcelain, ceramics, metalware and stamps and assorted items that are considered valuable.

Estate items are sourced from all over the world and sold online through auctions held every week.

Key Features:
- Items for sale are received on consignment basis and listed for auction, therefore low inventory carrying risk.
- Natural arbitrage as income is in USD but expenses in CAD
- Fully automated AI assisted software drives the auction process - easy and convenient and available to anybody anywhere
- Well trained employees, efficient and streamlined operations CIM will be made available to qualified buyers.

NOTE - amounts in this listing page are in CAD; the functional currency for the business is USD. 1.4 CAD to USD was used for presentation purposes (rounded).

Next Steps:
Interested parties must complete a Non-Disclosure Agreement (NDA) and Buyer Profile (BP). Qualified buyers will be invited to an introductory call before receiving the Confidential Information Memorandum (CIM).
About the Business
Years in Operation
14
Currently Relocatable
Yes
Website
https://www.tworld.ca/en/locations/ontario/toronto
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Exit strategy
Listing Info
ID
2448484
Listing Views

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Business Listed by: Mohammad Shafi Transworld Business Advisors of Ontario

Listing ID: 2448484 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.