Profitable NW Appraisal & Auction Business with Incredible Terms

Listing Number: 59071-573848

Description

This firm provides appraisal and auction services primarily for lending and liquidation purposes and specializes in appraising and/or auctioning commercial and industrial equipment and machinery. All appraisals are performed in accordance with AMEA (Association of Machinery and Equipment Appraisers) standards and follow USPAP (Uniform Standard for Professional Appraisal Practice). Seller is seeking to structure sale to receive payment over time and offering seller financing up to $300,000 at an interest rate of 6% for 5 years. Seller is interested in continuing employment with buyer to ensure a smooth transition and seeking an employment agreement for a period of up to four years that would include an annual salary of $60,000 per year with full time employment the first two years and part time employment year 3 and 4. This is an excellent business opportunity for purchaser to acquire a successful, established business with a low up-front investment while retaining the knowledge and experience of the current owner to learn the business and facilitate a solid transition plan over time which is intended to ensure the on-going success and profitability of the business.

Listing Details

  • Price: $548,703
  • Down Payment: $68,703
  • Sellers Discretionary Earnings: $202,912
  • Total Sales: $1,387,777
  • Location: Clackamas County, Oregon

  • Inventory: $0
  • FF&E: $17,000
  • Employees: 2
  • Year Established: 2002
  • Reason for Selling: Retirement
  • Category: Business Services
Profitable NW Appraisal & Auction Business with Incredible Terms

Business Listed By:

Daren Bucklin