Sell a business? There are some platforms where you can sell your business or buy a working business. Businesses are bought and sold every day, maybe you want to enter a new market or you want to exit a market. Maybe you think your business will develop to a new level with another owner and you reached the ceiling of how high you can expand it. Let’s see some successful business deals and discuss a little about places where you can buy or sell a business.
Any business can be sold! Even websites, that are not really businesses, can be sold for a lot of money. World Hum is a very highly regarded and award-winning magazine-style blog which was created by Jim Benning and Michael Yessis. The pair were obsessed with travel and decided to create the blog as an outlet for their passion. Within the blog they had all sorts of various categories; how-to sections, question-and-answer sections and where the best places to travel were, as well as how to get there and where to stay once you arrive. Eventually the Travel Channel decided to make them an offer in 2007 to the tune of $6 Million, which they just couldn’t turn down. I can’t say I blame them though. Arseblog, yes I know you’re properly all sniggering, well at least those of you in the UK as it is a bit of a naughty word but anyway, the website was created by Andrew Managan in 2006,m due to his undying loyalty to the football team Arsenal FC (Soccer to all of you reading this in the US). In 2007 Andrew was made an offer god-father style, one he definitely could not refuse $5 million by the company Ole Ole. The site has since changed it’s name to Ole Ole.
Tips for selling a business: Setting a very high or unrealistic price tag on a business can lead to a dead-end street. Expecting to get top dollar for a business that generates little or no profit is simply using bad business sense. Consider your industry, similar businesses, the economy and your marketplace when pricing your business to sell. On the other hand, a business that does not generate profits may do well with a going-out-of-business sale. This type of sale can generate instant cash flow and quick turnover. Too many business owners that have not turned a profit, or have cash flow problems, miss this wonderful opportunity. Some reasons they miss out is due to lost energy and/or motivation or because they may not want to admit defeat or failure. Remember it is business—don’t worry about taking it personally. Look for the most valuable opportunities for your business. See more info at Buy an existing business.
Digital Exits is the brokerage to turn to position your company for a high-value sale. Specializing in assisting with the sale of large tech companies, they know their stuff when it comes to maximizing the value of a business and getting the best possible price for it. They work to find the best buyers for sellers and they do so by working with a curated selection of buyers in their network who are ready and willing to invest. Digital Exits helps sellers through the process of putting their online business on the market by putting a marketing plan into place, preparing an executive summary, managing deal-flow and getting multiple buyers interested in the business that’s for sale. Learn more about how to sell your business with Digital Exits on their website, check out the listings that are up for sale right now, view a selection of deals that they’ve closed and so much more.
After listing Flippa (a marketplace where I am most active) and Exchange (newest marketplace) it’s time to start mentioning more serious and reputable marketplaces. In order to list your website on Empire Flippers, the website needs to be making a minimum of $500 per month for 12 straight months. Besides this raised bar, there is a vetting process that a broker from Empire Flippers conducts. You absolutely have to have Google Analytics, and they double check your revenue numbers and proof. One very important thing you need to know as a buyer is that you only get limited info from their website. If you are interested more, you need to make a 5% refundable deposit. For example, if the list price is $26,555 you need to make a refundable deposit of $1,328. Unlike Flippa, you don’t see an exact domain name of the website being sold. You get a general niche and monetization methods.
Cafe Press’s income has been cut significantly (from 89.19M to 41.8M), and there’s doubt this has to do with Amazon’s explosive popularity. A trend we’ll likely continue seeing for a lot of alternative marketing channels on this list. The website is easy to navigate and is pretty clear in terms of functionality and navigation, with a detailed help section designed to assist both individuals and businesses in purchasing stock from the site or establishing a commercial presence online…albeit a limited one. The limitation affects ecommerce merchants who have specialized stock they’ve created or manufactured that they’re trying to sell; CaféPress allows the sale of specific stock items provided by the marketplace itself. The advertising is pretty clear on the site, inviting individuals to sell custom designs on over 250 products they can choose from; the site offers the creation of a “CaféPress Shop” which individuals can design to showcase their designed products.
Want to find a great businesses to buy? Find it on bizforsell.com ! BizForSell is number #1 Go to for business sellers, business brokers and buyers. bizforsell.com is one of the biggest and most reliable business selling marketplaces in the world. We aim to solve the unique problems business sellers, business brokers and buyers have to face while selling or buying bussiness. We offer very convenient options for sellers, buyers, and brokers of businesses. Business buyers can easily browse businesses locally and find the best possible deal . With a fast-growing audience of sellers, buyers, and brokers, you can be sure of finding something suitable for you on this marketplace if you search! We provide solutions to sellers, buyers and brokers worldwide. Source: https://www.bizforsell.com.