Established Public Auction

Asking Price$4,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,700,000

InventoryNot Disclosed

FF&E$200,000
Included in asking price
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Established Public Auction


Asking Price$4,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,700,000

InventoryNot Disclosed

FF&E$200,000
Included in asking price
Business Description
Bond & Bond Auctioneers is a well established and well known public auction house not only in South Texas, but nationally/globally since change of ownership in 2019 pre-COVID . Bond & Bond holds numerous city, county & school contracts in South Texas, not to mention a strong independent consignment base The 40+ year old business was acquired in 2019 by a local family and has since, grown exponentially, now situated on PRIME highway frontage. Ownership is looking to focus on other projects
About the Business
Years in Operation
41
Employees
13
Franchise
This business is an established franchise
Facilities & Assets
8.5 acres with over 13,000 sqft covered area , 1200 office space All
Trucks, trailers, machinery and misc assets convey
Market Outlook / Competition
No local competition of note, as previously stated, Bond & Bond holds numerous government contracts, controlling most of south Texas
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
13,000
Rent
$14,000.00 per month
About the Sale
Seller Motivation
Family wishes to pursue other ventures
Transition Support
Existing staff must stay in place for min 6 months at current pay, seller will oversee transition for 6 weeks at no additional cost
Listing Info
ID
2353752
Listing Views
484

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Business Listed by: Skyler walker

Listing ID: 2353752 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.