WICHITA — Brothers Nazir and Ammar Jesri, who own Absolute Natural Stones, are reviving an online auction company they incorporated in 2009.
"We just brought it back to life," Nazir Jesri says of Auction House LLC, which does business as BidKansas.com. "We're starting that with a bang."
He says "it's like eBay, but it's right here."
Jesri says he used to use Purple Wave for online auctions.
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"I was using the auctions to auction stone in the off season," he says. "We lost money the first two auctions, but I kept at it."
Eventually, he says, Purple Wave informed him that what he was selling was too small to continue trying to sell through its site.
"By the time they dropped us ... we were doing really good."
After looking for other options and not finding anything he thought would work, Jesri decided to start his own company.
"We did a little research, and we found an auction software company that leases the software," he says.
Next, he negotiated for warehouse space to start the business. When that didn't immediately work out, he decided to wait on the idea.
Since then, he's decided he doesn't need to take possession of merchandise to be auctioned, so he doesn't need a warehouse. The business will be based at the stone company, which is at 10909 E. Kellogg.