Selling online businesses

shepherdp · 01-27-2010, 07:25 AM

I know that you can trade websites at flippa.com but what's the best method of selling a business that comes with physical stock?

Briefly, I have a stock of about £8000 worth of concorde collectibles that are being sold either on ebay or on my website.

With ebay, the dilemma I have is that I have lots of similar items which means, while it's easy to keep relisting, listing more than one at a time affects the balance of supply and demand in the auction. Not so with the website but that needs more SEO work since it's newish.

I know long term I will earn more by keeping this running but I need fast cash to pay for a copywriting course in three weeks time so any advice will be welcome - and I'll remember you if you need a sales page creating

ShawnP · 01-27-2010, 09:17 AM

An online business is pretty much the same as an offline business when it comes to selling it. A buyer wants to see that the business is making money and is actually profitable before investing in it. Look for 2-3x annual net for a selling price, as a general rule.

Of course there are exceptions to this, eg. Google's purchase of YouTube being the most widely known.

01-27-2010, 07:25 AM	#1
shepherdp Paul Shepherd Join Date: Oct 2009 Location: Wiltshire Posts: 6 Thanks: 0 Thanked 1 Time in 1 Post Social Networking	Selling online businesses I know that you can trade websites at flippa.com but what's the best method of selling a business that comes with physical stock? Briefly, I have a stock of about £8000 worth of concorde collectibles that are being sold either on ebay or on my website. With ebay, the dilemma I have is that I have lots of similar items which means, while it's easy to keep relisting, listing more than one at a time affects the balance of supply and demand in the auction. Not so with the website but that needs more SEO work since it's newish. I know long term I will earn more by keeping this running but I need fast cash to pay for a copywriting course in three weeks time so any advice will be welcome - and I'll remember you if you need a sales page creating
	PSCopy.net Copywriting

01-27-2010, 09:17 AM	#2
ShawnP Advanced Warrior War Room Member Join Date: Aug 2003 Location: Almonte, Canada. Posts: 575 Thanks: 14 Thanked 2 Times in 2 Posts	Re: Selling online businesses An online business is pretty much the same as an offline business when it comes to selling it. A buyer wants to see that the business is making money and is actually profitable before investing in it. Look for 2-3x annual net for a selling price, as a general rule. Of course there are exceptions to this, eg. Google's purchase of YouTube being the most widely known.