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Businesses For Sale   >>   New York Businesses For Sale   

Penny Auction Site For Sale

Location  New York City, New York, United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $365000000
Net Profit / Cash Flow  $36500000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2010
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller will offer training.
Reason for Sale  Health.

Description  
The top trend online currently is penny auction websites. There are a couple of companies that are roughly making $20,000 to $30,000 per day. One website is making approximately $100,000 per day. The potential for this website is there and even much greater. Not many people are aware of these type of websites, how they work, and especially no company is a standard household name yet! We have come up with a game plan to gain market share and be that brand name. We have a website developed and have shown profits in the brief period of time we have operated. There is major potential for the next step(s), the founder of this website has recently had some medical complications and is not interested in taking on the next step or steps alone. Rather this gets packaged as a penny stock, an offering on pink sheets, or a team is formed to really cash in on all this potential. That is what is on the table. Seller is willing to liquidate position, take on investors, or just sell outright. Contact for more information on this penny auction site for sale.


Click Here To Contact Seller


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