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So, i went on a search for companies in England that are doing this. There seems to be 3 based in London, the mega site being
www.auctioning4u.co.uk which seems pretty amazing all around.
So, i wanted to get a quick idea of their profit, so adding up their total sales for the past 3 days (yes, this took ages, over 100 auctions so should be a nice sample to use) was £6.8k, so £68k per month, they take 33% of the final sale minus 14% which OP said for ebay/paypal leaves them w/ 19%, so £155k per year (based on nov sales) before wages/advertising/tax but not including if they skim from shipping and other small profits they have
Just from their feedback per month/6 months/12 months they had 19k feedbacks left in the past 12 months of which 3500 were in the last month, so 100%+ growth, for their first year. Hot!
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Thats about right, the first month I made over 100k profit I nearly crapped my pants