Online Auction Company Specialized In Restaurant Equipment Liquidation
Business Description
ONLINE AUCTION COMPANY - RESTAURANT EQUIPMENT LIQUIDATION SPECIALIST
Established in 2012, this profitable online auction platform specializes in liquidating commercial restaurant equipment and assets from closed establishments. Operating from a 5,500 sq ft facility in Brook Park, OH, the business has built a strong reputation with an A+ BBB rating and serves the greater Cleveland market with limited competition.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $350,000
• Cash Flow (SDE): $95,000
• EBITDA: $115,000
• Asking Price: $135,000 (includes $75,000 inventory)
• FF&E: $20,000
• Lean operation with only 1 employee
BUSINESS OVERVIEW:
While originally focused on restaurant industry liquidations, the company has expanded to serve diverse commercial and industrial clients. Growth is driven by referrals, repeat business, and the value proposition of providing local businesses access to high-quality commercial equipment below market rates. The constant turnover in the restaurant and bar market creates ongoing opportunities for asset acquisition and liquidation.
OPERATIONAL ADVANTAGES:
• Easy to operate business model
• Fully relocatable if desired
• Established customer base and referral network
• Strong market position in underserved niche
• Proven track record over 12 years
LOCATION & LEASE:
Currently operates under a lease at $2,200/month through October 2026, providing operational flexibility.
TRANSITION SUPPORT:
Seller offers 2-3 weeks training with additional support available as needed to ensure smooth business transition.
This turnkey operation represents an excellent opportunity to acquire an established, profitable business in a specialized market with consistent demand and growth potential.
Established in 2012, this profitable online auction platform specializes in liquidating commercial restaurant equipment and assets from closed establishments. Operating from a 5,500 sq ft facility in Brook Park, OH, the business has built a strong reputation with an A+ BBB rating and serves the greater Cleveland market with limited competition.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $350,000
• Cash Flow (SDE): $95,000
• EBITDA: $115,000
• Asking Price: $135,000 (includes $75,000 inventory)
• FF&E: $20,000
• Lean operation with only 1 employee
BUSINESS OVERVIEW:
While originally focused on restaurant industry liquidations, the company has expanded to serve diverse commercial and industrial clients. Growth is driven by referrals, repeat business, and the value proposition of providing local businesses access to high-quality commercial equipment below market rates. The constant turnover in the restaurant and bar market creates ongoing opportunities for asset acquisition and liquidation.
OPERATIONAL ADVANTAGES:
• Easy to operate business model
• Fully relocatable if desired
• Established customer base and referral network
• Strong market position in underserved niche
• Proven track record over 12 years
LOCATION & LEASE:
Currently operates under a lease at $2,200/month through October 2026, providing operational flexibility.
TRANSITION SUPPORT:
Seller offers 2-3 weeks training with additional support available as needed to ensure smooth business transition.
This turnkey operation represents an excellent opportunity to acquire an established, profitable business in a specialized market with consistent demand and growth potential.
About the Business
- Years in Operation
- 13
- Employees
- 1
- Currently Relocatable
- Yes
- Franchise
- This business is an established franchise
- Facilities & Assets
- Operates out of a warehouse in an industrial parkway with inventory and all assets required for day to day operations.
- Market Outlook / Competition
- The market offers continued growth with limited competition within the greater Cleveland area.
- Opportunities for Growth
- There is constant turnover of new and existing business in the restaurant and bar market
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,500
- Rent
- $2,200.00 per month
- Lease Expiration
- 10/30/2026
About the Sale
- Transition Support
- Can offer to stay on for 2-3 weeks, which should be sufficient to gain a complete understanding of the business operations. Can stay on additionally as needed for continued support.
Listing Info
- ID
- 2359463
- Listing Views
- 667
Listing ID: 2359463 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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