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Personal Property Appraisal & Liqudation Company
Location: United States -> Colorado -> Denver
Industry: Professional Services > Other Professional Services




Business Summary

We are a full service personal property and liquidation company that fills the needs for estate attorneys's and trustees, non profits for donations over $5,000, distribution of property, such as divorce or estate distribution, and insurance claims!

We follow USPAP standards while compiling our professional appraisal reports for estates, charitable donations, distribution of property, & insurance claims. We are also expert witnesses and our reports have been excepted into a court of law for various adversarial purposes. We also liquidate estates when needed and take on consignment various items for liquidation.

We have home based offices in Dallas and Denver along with a retail store in Colorado. We are looking to expand to Southern California and potentially other cities in the US in the coming months and years.

The Denver location grosses over $150,000 a year and growing, the Dallas location was just opened in January but is starting to generate revenue because the business is recession and not necessarily economy driven because we deal with appraisals that will always be needed in good and bad economic times.

I am looking for an investment partner that would like to either open their own Masterpiece Appraisals & Liquidation services in their state and or take over the Denver operation while I open the new Southern California location and help in Dallas growing the new location!

I am looking for someone to invest $175,000 to take over Denver and or 1/4 of all current and future business as we grow!

I need someone who has a history of valuing and selling collectibles, antiques, jewelry, art, and various personal property acquired through estates. If you love shows like American Pickers or Pawn Stars then you would love this business!


Financials

Asking Price Range:  < $250K
Gross Revenues:   $150,000
Cash Flow:   $50,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,000
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  internally
Reason For Selling:  expansion




Print Listing Id: 700349271
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