Popular Auction Site, CalCruising, Plans Unique Auction

    SAN DIEGO, July 11 If you love classic cars and are
looking for a very profitable Internet based company then look no further than
CalCruising, LLC.  This very impressive Web based auction site for classic
cars and more, (http://www.calcruising.com), has quietly grown into the second most
active auction site online.  CalCruising boasts thousands of members who
actively bid on Southern California classic cars.  With over $6,500,000 in
bids placed and $2,000,000 in classics sold, CalCruising has quickly become an
Internet favorite.
    In August, CalCruising is planning to run a private auction for the sale
of their business.  President and founder Michael Schriner says, "CalCruising
is the ultimate auction item.  CalCruising was conceived to show that high
ticket items on the Internet, like classic cars, could be a very popular
seller. We have achieved this goal and have grown CalCruising into a solid
online business with a very high growth potential.  CalCruising is #2 in the
online auction world (eBay is the leader).  We put together a unique business
model that is a proven money maker.  Fully funded, CalCruising should be a
$50M plus online company."
    So why is CalCruising selling?  Schriner goes on to say "as entrepreneurs,
we created CalCruising with the intent of selling it when we achieved specific
sales goals.  Those goals have been achieved.  We would now like to transition
CalCruising to a group or corporation who can continue its growth as a market
leader."  CalCruising is strategically positioned for fast growth and a large
market share of the online auction community.  Our success is due to many
factors including early market penetration, strategic location, quality
vehicles, and friendly customer service.  It would be highly unlikely that
this success could be duplicated at this point of the Internet.
    With 2001 sales expected to reach $2,000,000 and a healthy 25% profit
margin, CalCruising is a very attractive buy.  Schriner has set up a section
of their website for prospective buyers to register.  "Once an interested
buyer registers in this special section of our site we will send them a
company memorandum with detailed information.  In addition we will notify
potential buyers of the specific date for the auction.  This auction will be a
one day auction."  This will be a private auction with buyers names concealed.
Bidding will start at $1,000,000.  Bidding is expected to very active.

    Auction Event:
http://www.calcruisingauctions.com/resellerauction/XcAuctionPro.asp

    Additional Information: http://www.calcruising.com/corp.html

    Register For This Event:
http://www.calcruisingauctions.com/resellerauction/XcAPRegister.asp

    Visit CalCruising Auctions: http://www.calcruising.com/