Is selling a turn key business THAT profitable?

by 14 replies
16
Hello,

I've got a quick question and I'm looking for a bit of a consensus:

Would you purchase a turn key business?
i.e. Something you could purchase, upload to your server and immediately start profiting from?

The reason I ask is because I'm wondering if the majority of internet marketers are more interested in making their own businesses/sites or, since we love outsourcing everything, we'd just buy a turn key business.

Obviously I'm asking because I'm thinking about OFFERING one--so I'm just interested in opinions, etc. Have you ever bought a turn key business before? How much did you pay for it? Was it worth it?
#main internet marketing discussion forum #business #key #profitable #selling #turn
  • If the buyer starts getting profit from day 1, yes people love to buy the business.

    I didn't buy any, but I sold one. My hosting business. Because all customers pay money on recurrent basis, it was sold like gold.

    .
    • [1] reply
    • Could you elaborate on this? How did that business model work exactly, how do you sell turn key hosting ? Thanks!
      • [1] reply
  • No, I wouldn't

    In the past, when I have bought into them...the same "turn key" solution is sold to hundreds or thousands of people. So, in order to make myself stand out, I"ve had to tweak the templates, rewrite the content, and add extra so that my site/business was different from everyone elses.

    Almost just like having to do all the work myself anyway...
    • [1] reply
    • I experienced this too with a few different ones. Thanks for the input
  • Yes, if the product was unique and in a profitable niche that I want to work in, I see no problem with it.

    - Oddvar.

  • I used to have a turn key website at my former domain name, www.ryansjones.com (note I got rid of that website last summer), but did not have much luck in generating commissions with it. I also got a custom search engine via Acme People Search, and though I have gotten some sign ups and did generate a few leads at mylife, I haven't made a whole lot with it yet. The only issue I have with turn key websites is that they can be tricky to promote (of course, I am open to suggestions on how ot effectively promote them, such as the new Acme People search engine I have). Also, I've noticed that google frowns on those kinds of websites.
    • [1] reply
    • I'm planning on taking my turn key business model and putting it on ClickBank to get affiliates to promote the business itself, the cool thing is this isn't in the IM niche, so I feel there's actually way MORE potential in it. Thanks for the input so far, it's helping
  • It is actually impossible to sell a turn key business...

    Unless its actually a Turn Key Business,

    That means it has current customers, it has current product(s) / service(s)

    Any thing less is only selling templates and concepts.

    I can hand you a box of donuts and tell you its a business in a box.




    Get into the fast moving profitable donut business,

    Roll in some Krispy Dough

    Yes you can enter this profitable satisfying market with minimal investment and be just like the a Major "Name Chain" that trades on the NYSE !

    It's THAT BIG.

    All you need to do is sell these donuts!

    I'll include a manual telling you how to find people who like donuts and where to buy more donuts for your inventory.

    But Wait for a Limited time, I'll also off you an exclusive Dual Business Concept that perfectly integrates with your donut business.

    There are people literally making millions on this exclusive Dual Business Concept.

    We Reserve the right to PULL THIS OFFER OFF THE MARKET AT ANY TIME.

    We Have already received inquiries from YOUR AREA.

    DON'T MISS This Opportunity for your financial dream to come true.

    Mark Riddle
    • [1] reply
    • Mark, if that's true, then there's no key to turn in the first place--so even THAT isn't a turn key business. Turn the key = send the traffic + profit
  • The problem is that a person is not going to sell it for any less then what the business is making every 1-2 years
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