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Is it possible to sell my entire business (not just a website)?

by jaenterpr
13 replies
I did a search and did not see any discussion of this, so I hope someone can offer advice.

I have an established online business with couple dozen websites. My business currently is consistently making about $200k-$250k in sales each year, with profits of about $150k a year. (I can verify these figures with tax returns and accounting records.)

How much would a business like this be worth to a potential buyer?

What would be the best way to go about selling my business? What's involved in the process? How can I make sure I get top dollar for it?

I guess dealing with customer service issues (refund requests, etc.) day in and day out is getting me down, but I'm just tired of dealing with this business every day. I would love to move onto new things. Thank you for any advice anyone can offer.

John
#business #entire #sell #website
  • Profile picture of the author landing-page-dude
    I'll buy it for a dollar.

    No, seriously, go to sitepoint and sites like that, they have a whole section for selling businesses. I would check there first.

    But I'm serious about the dollar thing
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  • Profile picture of the author Slyknight
    Wow...You'll get a pretty decent amount...Maybe half a million? lol
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  • Profile picture of the author xenergy
    My advice is keep your business running, but hire employees for handling those customer issues. So you can more focus on what you wanna do while your business keep running.
    Just my two-cents
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  • Profile picture of the author Brad Gosse
    Is your business in North America? PM me more details I will buy it if it profits that much.
    Signature
    Free Clip Art
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  • Profile picture of the author MrLewisSmile
    Originally Posted by jaenterpr View Post

    I guess dealing with customer service issues (refund requests, etc.) day in and day out is getting me down, but I'm just tired of dealing with this business every day. I would love to move onto new things.
    I could do all that for you, while listening to my audiobooks on my ipod

    I think you would get more for your business if you go for a more traditional offline sale, instead of approaching people already in the online marketing world.

    Maybe you could even approach a big offline business in the same niche as your business. They would want it as a huge online asset.

    Lewis
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  • Profile picture of the author trentd
    I'm with the others on this one. How about outsourcing some of the load so you can still reap the profits of an automated business?
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  • Profile picture of the author InternetM39482
    I've never sold a complete business so I've no advice to offer on the pricing.

    However, you can take a look around BizBuySell - The Internet's Largest Business for Sale & Franchise for Sale Marketplace and see what amount businesses are selling for. I'd guess there are many factors that determine a complete business' sale.

    Best of luck
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  • Profile picture of the author projectx
    as a very ROUGH valuation guide the business would be worth 3 times the yearly revenue.

    however that depends on certain things. for example, is this business easily transferable to someone else? i.e. are there systems in place already or does the majority of the business depend on you personally working on it?

    a lot of internet businesses are that way, it's one person going at it... how do you transfer that over to a buyer?

    not saying your business is like that, but just one of the factors that goes into valuation.

    good luck.
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  • Profile picture of the author mikecorp
    I think it would be no problem selling your business online if you find the right buyer.
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  • Profile picture of the author AlchemisT®
    yup..what is important marketing..you need plan..

    Rgd
    alchemist
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    • Profile picture of the author gianne2705
      If you don't mind me asking,why you want to sell your business if it's profit is good?If you're gaining profit through it then why not keep it running.
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      • Profile picture of the author spycraft
        Originally Posted by gianne2705 View Post

        If you don't mind me asking,why you want to sell your business if it's profit is good?If you're gaining profit through it then why not keep it running.
        I second that question. Just hire some people to run it for you if you are too busy..
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  • Profile picture of the author jaenterpr
    Thanks very much to everyone who's posted here. You've given me a lot to think about.

    John
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