Selling a business almost free of charge? There are some websites 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 develop 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. Consumersearch was founded by co-founders Derek grew and Carl Harmaan in 1999, the pair also owned a privately held corporation at the time. The website sold for a huge $33 million and the news was first released by the New York Times Co. The buyers, About.com are also owned by the New York Times Co. In 2009 the website was honored in the 13th annual webby awards competition. TechCrunch is a very well-known website publication, which is well grounded within the technology and gadget niche’s. The blog was first founded in 2005 by Michael Arrington, and the first time it was published live online was on June 11, 2005. It’s astonishing that in just five years Michael had created such a unique website which was full of valuable content and managed to sell the website for a total of $30 million to AOL.
Advices for buying a business: Taking the first offer may not be a wise choice. This may not necessarily be your BEST offer. Selling your business for top dollar with little or no money down along with an extended contract may lead you to lose it all. Business sales often go bad after the new owner takes over. The new owner may lack business experience, have a closed mind or be a poor leader. The list goes on and on. A successful business owner makes it looks easy, but change that mix and disaster may strike. When this happens, the new owner ends up going out of business and leaves the previous owner holding an empty bag. It saddens me to see a business fail after years of success due to this lack of business sale judgement. Evaluate your options and make the best selection for the long term. Ask yourself, is this the best person to buy and run my business? Or, can they quickly connect with my customer base and learn how to market effectively? When the business sale goes as planned, it creates a tremendous opportunity for both business owners and the success continues. See extra info on Sell your business.
Shopify Exchange is one of the newest marketplaces you can use to buy and sell online businesses, and it’s the only platform that specifically focuses on Shopify businesses. There are advantages and disadvantages to this, but the main advantage is that when you buy an online business for sale on the Shopify Exchange, you know you’re getting a Shopify store. Since Shopify is one of the top and most highly recommended ecommerce platforms in the industry, (we discuss why in our Shopify Review: The Pros & Cons of Selling on Shopify article) this is a good thing! It’s also great because Shopify sellers integrate their stores directly with the Shopify Exchange, so they can’t edit or change any of the data that gets pulled into their store’s sales listing like their traffic and revenue numbers. This means that you’re less likely to have any of that important information withheld from you by the seller.
Speaking of Shopify stores, back in November 2017 Shopify officially launched Exchange after testing the model on their website (subdomain exchange.shopify.com to be exact). Model is very simple in this marketplace. You can buy established stores and starter stores that are based only on Shopify. So if you are into dropshipping, for example, this could be the perfect gateway! Why? In these listings you already have almost everything laid out, and in some cases, even the inventory is stocked up! Although you can theoretically get your foot in the door by buying a low-value store with $500, and there are a few stores priced that low. I wouldn’t recommend it. Usually, what I’ve seen, stores that make some sense are priced at $7,000, all the way up to $2.5 million (highest I’ve seen on the time of creation of this post). Out of all the marketplaces listed here, this one is the newest.
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.