Dodds Auction And Appraisal Services

  • $345,000

    ASKING
    PRICE

    MLS® #: 1606

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PRICING BREAKDOWN

  • Asking Price
    $345,000
  • Type of Sale
    Asset or Share Sale
  • Annual Sales
    $1,860,000
  • Cashflow
    $155,000
  • 1606
  • MLS®
  • 465
  • Interior m²
  • Business
  • Property Type
    • 5000
    • Interior SQFT

GENERAL INFORMATION

Key Points:

  • Established Since 1973
  • Auction & Appraisal Services
  • Experienced Team & Transition Support

BUSINESS DESCRIPTION

Dodds Auction And Appraisal Services

Dodds Auction and Appraisal Services is an established Vernon auction and appraisal business with more than 50 years of operating history and a broad range of services. Founded in 1973, the business has been operated by two generations of the current owner's family. Bob's father purchased it from the Dodds brothers, and Bob has been running the business for approximately 40 years.

The business conducts monthly timed online auctions and on-site auctions at sellers' properties, handling goods from heavy equipment to antiques. Services include appraisals and estate and business liquidations. Online bidding extends its reach beyond the local market, while designated viewing days allow buyers to inspect items at the premises before online auctions close.

Experienced staff support operations, and transition assistance is available, with potential continued part-time involvement on a contract basis following the sale.

Priced below the independent valuation recommendation, the business is offered at $345,000. It serves customers across different economic conditions through asset liquidations and demand for used goods.

Listing Origin: Business Finders Canada

FACILITIES OVERVIEW

Lease Details

Approximately 5,000 sq. ft. building on a 23,550 sq. ft. site, with receiving, auction preparation and pre-auction viewing space. Proposed lease: five years with two five-year renewal options. Real estate is excluded from the business price; property

BUSINESS
GROWTH/EXPANSION

Expand appraisal marketing; rebuild large-equipment and wholesale sales; reintroduce pawn services; and add short-haul moving using existing staff and vehicles. More frequent online auctions and shorter display periods could reduce storage and handling. Review commission pricing and increase marketing.

Details

Updated on 2026-10-19 18:20:28

Property Details

Lot Size
23550 SF

Rooms Dimension

RoomFloorDimension
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Additional details

Property Address

  • Sub Area:
  • Province: British Columbia
  • City:
  • Country: Canada

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