thisBusinesses are migrating online at a breakneck pace. Covid-19 boosted eCommerce growth by 4 to 6 years by 2020. With traditional brick-and-mortar businesses struggling, many internet business bank accounts are now offering loans to assist in purchasing an existing online firm. Some beginning business credit cards even help people with bad credit in getting started. On the other hand, many people want to create their own online business if they have a successful internet business. This suggests that now is a perfect moment to sell and upgrade to something bigger and better.
Best Place To Buy And Sell Online Businesses For Sale
This post is for you if you want to buy and sell online businesses for sale. This post will show you how to do it. But first, let’s discuss where the best location to buy and sell online businesses for sale is. It is feasible to acquire and sell internet businesses for sale with the assistance of a competent website.
A decent website will enable you to locate buyers interested in your goods or services. When looking for customers, this is one of the most crucial things to remember. When looking for purchasers, be sure they have a strong reputation and a track record of effectively doing business with others. You may simply verify their reputation by speaking with prior customers or visiting their website.
You can also read reviews about them to understand their reputation better. If they don’t have any thoughts on their website, look into some forums or discussion boards to see if anyone has talked about them. Another alternative is to inquire whether your friends or family have dealt with them previously. If they say yes, you should call them to see how they handled it.
1. Flippa
Flippa is an excellent resource for purchasing and selling websites, apps, and domain names. Since 2009, millions of people have trusted us. Flippa is the most popular platform for buying and selling internet businesses globally. We give you the resources you need to make your first (or future) purchase a success.
You’ll find everything you’ll need to get started. Find the best business for you. You may search through hundreds of high-quality ads in our marketplace and filter them by price, industry, location, and more! Buyers and sellers on a verified list Every buyer and seller that joins Flippa is verified so that you may create partnerships with trust.
We also have a dedicated team of Trust and Safety professionals that monitor transactions around the clock. Due diligence studies that are comprehensive Our team of professionals’ due diligence reports offer you the knowledge you need to make an informed purchasing choice. Financial estimates, traffic data, product research, unique selling features, and more are all included in our reports!
Features
Features of Flippa A powerful and simple platform for buying and selling websites. In only a few clicks, you can sell your website. The finest marketplace for buying and selling sites is Flippa. There are plenty of excellent chances on Flippa, whether you’re looking to buy a website as an investment or to start your own business.
Find sites for sale. On Flippa, you may search through thousands of vetted businesses to buy. To find the ideal business for you, sort by category, niche, pricing, and location. With Flippa, you may sell your website. Flippa’s full-service sales procedure makes selling your website simple and quick. Get started today with a free site evaluation.
Pros
Let’s start with the that Flippa is the world’s largest and most popular marketplace. It sells a large number of websites, domains, and apps. Here are some advantages of buying sites on Flippa: The diversity Flippa has a vast assortment of websites and apps. If you’re seeking a website with a specific specialization, you’ll almost certainly find it on Flippa.
The costs are generally lower than when purchasing directly from the site owner. It’s important to realize that this coin has two sides: sometimes, the price is too low, implying that the site is overpriced.
2. Shopify Exchange
Shopify Exchange is an online marketplace for buying and selling online stores. This is a marketplace where you can purchase and sell Shopify-powered web stores. You won’t have to worry about creating an eCommerce store from scratch because these stores already have products, descriptions, photos, and designs. Both consumers and sellers may quickly get started selling online with Shopify Exchange.
The Shopify Exchange is an online marketplace for buying and selling eCommerce enterprises. It’s the quickest and most straightforward way to start a profitable business. Are you looking for a simple way to earn money on the internet? Entrepreneurs can connect with Shopify merchants selling their stores through Shopify Exchange. Hundreds of establishments are available for purchase, ranging from established enterprises making thousands of dollars in monthly revenue to brand new firms with significant development potential.
Features
We understand that purchasing an online store is a significant investment, so we’ve created an award-winning marketplace where you can find the top eCommerce businesses for sale. Our goal is to make buying a business that fits your budget, hobbies, and talents as simple as possible. We understand what makes an eCommerce business successful. Therefore, we ensure our stores are ready to sell before they go live. What is the Shopify Exchange? Entrepreneurs can purchase and sell Shopify stores on Exchange.
We handle all of the behind-the-scenes work for our sellers and buyers, so you can concentrate on what matters most: expanding your company. The following is how it works: Before we put any online store up for sale, our team makes sure it satisfies our quality criteria. This encompasses everything they sell as well as the brand they’ve created. Buyers may confidently browse hundreds of eCommerce sites, knowing that we’ve previously checked them out and they’re ready to sell.
Buyers are provided free access to a new account that includes their store’s domain name, social network profiles, and Google Analytics data. All product photos and content are also included in the store’s sale! We make sure that.
Pros
- You have complete control over your store’s price to pick how much it is worth.
- You can sell your entire store, including its products, customer data, and other assets.
- The Exchange verifies store owners and certifies the sale legality of the store, which is a vital selling factor for company buyers.
- You can use this Exchange listing template or edit one to fit your needs better.
- You can create an ad that will display on the first page of S Exchange, giving your listing more exposure.
3. Empire Flippers
Empire Flippers, which began as a listing marketplace for buyers and sellers, also provides escrow services and other assistance to help you finalize the purchase. We’ve heard positive things about their reputation for screening sites on their marketplace, so you’ll deal with actual buyers and sellers when you use their service.
Empire Flippers offers free site buying and selling; however, escrow account fees of 1% of the final sale price are charged. The site is simple to navigate and has a vast selection of places in all categories. There are also some fantastic bargains going on right now on the site, like this lovely e-commerce company that sells one-of-a-kind furniture. Empire Flippers are the premier marketplace for purchasing and selling established online businesses.
They’re one of the most trusted names in eCommerce, with over 20,000 consumers and $40 million in sales. Empire Flippers have helped thousands of entrepreneurs buy, sell, and invest in eCommerce businesses and websites, from startups to corporate brands.
Empire Flippers can help you find a scalable business that fits your lifestyle and budget, whether you’re looking to buy or sell an internet business.
Features
Features of Empire Flippers We provide several extra services to assist you in finding the ideal business for sale and selling your website or app fast, safely, and quickly. Are you looking for a website or an app? Our sophisticated search feature lets you locate precisely what you’re looking for by filtering businesses for sale by category and price.
Considering selling your website? You may add all your business details for sale for free using our free listing service. We can also help you sell your business on our marketplace, giving it maximum exposure to potential buyers worldwide.
Pros
Empire Flippers is a video game. The one location I recommend for selling is a high-traffic, high-profit website. Empire Flippers are one of the most valuable resources available. I’ve never had a poor encounter with them, at least not from my perspective. They’re the most acceptable place to buy and sell websites and apps that make more than $50,000 each year.
Pros of Empire Flippers: Large buyer base, The most straightforward method for selling your website, Buyers of exceptional quality, The most professional way of promoting your website The most reputable online marketplace for buying and selling sites. There are no upfront or listing costs when marketing your website. You may tell them what you’re looking for in a buyer, and they’ll go out of their way to find it. They keep the money in an escrow account until the transaction is completed. Empire Flippers assist with all of the paperwork required to complete the transaction, including NDAs and transfer documents.
4. FE International
The following are some of the benefits of selling with Empire Flippers: Advantages of Selling Through Empire Flippers.
- No Fees Up Front When you list your business with Empire Flippers, there are no upfront fees. You only have to pay them when your company is sold. This is advantageous since it ensures that you will not lose any money if your company fails to sell.
- Assistance With The Procedure You can relax knowing that when you list your website on a platform like Empire Flippers, their experts will handle all details. They screen purchasers, handle negotiations, and ensure a seamless sale by administering the escrow procedure and handing over the property to the buyer after everything is completed.
- As a seller, this relieves a lot of worries while also ensuring that everything is legal from start to finish. Exceptional Buyers There are plenty of fraudsters out there trying to buy websites on the cheap or who want to act as if they’re interested in buying but won’t follow through.
- You won’t waste time talking to people who aren’t interested in buying your business if you have a team that handles all inquiries and only lets serious purchasers through.
Features
FE International has several features, including FE’s private marketplace is the preferred method of buying and selling websites for thousands of entrepreneurs and investors. Over the previous decade, the FE International team has purchased and sold hundreds of websites.
Due Diligence by a Professional – During the due diligence process, a team of professionals that have assessed thousands of firms during their careers will be with you every step of the way.
Pros
Pros of FE International FE is not just a terrific place to work but also a great place to learn and grow. The atmosphere is welcoming and collaborative, the opportunities are endless, the staff is incredible, and we have the best clientele.
Our People Are Important We have a strong culture of assisting one another. Whether you require assistance with a technical issue or require input on a customer proposal, we always work as a team to complete the task. Outstanding Group, Our project managers are among the most knowledgeable and capable in the business. Our engineering team created a world-class platform from the ground up, allowing us to sell firms faster and for more money than our competitors.
Our marketing team boosts our website’s traffic through a combination of organic search, content marketing, and paid advertising. Meanwhile, our support team provides technical assistance to both buyers and sellers throughout their transactions.
5. SideProjectors
SideProjectors is a platform where technology entrepreneurs and creatives can implement their best ideas. This is not a typical incubator or accelerator. Rather, it is a platform that offers a variety of resources for entrepreneurs, including building an audience, finding co-founders, securing funding, and developing products. It’s a community where individuals can connect with others who share their passions and understand that pursuing our dreams leads to our greatest successes.
SideProjectors is a website that allows users to buy and trade ideas. It’s intended to serve as a platform for entrepreneurs who have brilliant ideas but lack the time, funding, or skills to see them through.
They have the option of selling their ideas for future royalties or a one-time payment. Jay Silverman founded SideProjectors in 2011 and launched it in 2012 as a method for entrepreneurs with great ideas to find support in realizing their visions.
More than 10,000 projects and 250,000 visitors have been submitted to SideProjectors.
Features
The SideProjectors platform is jam-packed with features to assist you in finding and evaluating the most significant side projects. Search. Search for side projects that meet your needs using our search engine, including keyword searches and sorting by price, category, and other aspects.
Wishlist. Save projects that interest you to our wishlist for subsequent consideration. You can contribute to reviewing side project ideas by sharing your wishlist with others.
Funding. Users can invest in a project straight from the owner using SideProjectors. SideProjectors do not collect any fees or commissions from the project owner. Therefore, the entire investment goes to them (except for credit card processing fees).
Collaboration. If you see a project you like, contact the owner to inquire about collaborating or buying it entirely. Follow any project you’re interested in to get notified as soon as fresh updates from the owner become available.
Pros
SideProjectors.Pro is a service that assists people in selling their side projects. It has two options: The Basic Plan allows you to sell your project and includes unlimited listing updates, feedback from the SideProjectors staff, and access to the buyer’s list.
This plan will set you back $149. Everything in the Basic Plan is included in the Premium Plan, plus extras like prominent placement on the main page and high-priority placement in emails sent to the buyer’s list.
This plan will set you back $199.
6. Digital Exits
Digital Exits is the leading platform for buying and selling websites, apps, and domains. Our goal is to make buying and selling online businesses as simple as possible. We specialize in valuing and selling Internet businesses.
We assist website, business, and domain owners in maximizing the value of their assets. Our company brokerage knowledge is combined with a patented valuation system (Digital Exits Appraisal), which evaluates the genuine value of your website or internet business. You have nothing to lose by having us examine your website because we don’t charge a listing fee to sell your business with us. We’re continuously on the lookout for new methods to expand our marketplace.
We’d love to hear from you if you’re considering selling your Internet business. The leading marketplace for purchasing and selling e-commerce firms is Digital Exits. Digital Exits has sold over $50 million in internet business and is still growing.
Features
The Digital Exits platform allows you to easily combine your website and marketplace listings into a single, professional-looking storefront. We built the system to meet our clients’ demands, and we’re constantly adding new features based on feedback.
WordPress, the world’s most popular content management system, is used to create Digital Exits. This means you won’t have to learn any programming to design a professional-looking website.
Our themes are simple and responsive, so they look fantastic on any screen, including computers and mobile phones. The Digital Exits website builder will assist you in creating a site that appears to have been created by a web designer for thousands of dollars.
Pros
- You will profit from the sale of your business.
- The buyer will likely carry on your legacy
- You can avoid being a slave to your business
- You will have more time for family and other interests
- You will be able to rest easy that your company is in good hand
7. Latona’s
I currently own and operate Latona’s, a small eCommerce company. I sell everything from essential oils to reed diffusers in the wellness category. My business is fortunate in that it is not as competitive as others. However, there is less traffic and sales because of a minor rivalry.
Despite my lack of knowledge in the photography sector, I have an idea of how to increase sales by upgrading my product images. I’m expecting that by completing this course, I’ll be able to learn more about the subject and better my product photography, resulting in more sales.
The mood is quite laid-back, joyful, and welcoming. It’s a fantastic little hangout spot or a place to dine or drink. It’s a terrific spot for getting together with pals.
The cuisine is adequate but not spectacular. The pricing is fair, and the service is kind and timely. The back-room area, where you can play pool, foosball, and darts, is one of my favorites.
Features
Features of Latona’s We have everything you may want for your house at Latona’s. We are a full-service furniture store with a wide range of products. We have one of the most significant furniture collections in North Central West Virginia, with brands such as:
- Broyhill Furniture
- Riverside Furniture
- Flexsteel Furniture
- Benchcraft Furniture
- England Furniture
- Lane Home Furnishings
- Klaussner Home Furnishings
These are just a handful of the numerous brands we offer; we also have a wide range of accessories to round out your home. Rugs, lamps, art, and much more are available. We can order it for you if we don’t have it in stock! It’s difficult to choose favorites from such an extensive assortment, but we have some popular goods.
Pros
- They get a star in my book because the owner is a veteran.
- The cuisine is delicious, and the amounts are generous. I chose the calamari appetizer, which was crisp and fresh with a tasty marinara sauce.
- We ordered the daily specials, which included shrimp scampi and chicken Francese, and both were delicious. Both dishes were served with veggies and potatoes.
- The setting is pleasant and clean, the service is courteous and efficient, and it has a comfortable neighborhood feel while also feeling like you’re receiving special treatment.
- The wine list includes a wide choice of options for all budgets. They also provide draft and bottled beer and a variety of cocktails.
- Next time, we’ll return to try their pasta meals.
What Should You Look For When Purchasing An Online Business?
Starting an online business from the ground up is not for everyone. Furthermore, purchasing an existing firm has numerous advantages. However, the company you buy should have a track record of generating income and providing instant cash flow. Here are a few things to think about when purchasing an online business.
1. Monthly Traffic.
One of the essential variables to check for when purchasing an online business is monthly traffic. Look for variations in traffic as well.
It should contain a healthy balance of:
- Organic traffic
- Paid traffic
- Direct
- Social Media Traffic
- Referral Traffic
You can use Google Analytics to figure out your store’s traffic. Also, see if the site has high-quality backlinks, as areas with no or low-quality backlinks are worthless. In this instance, you can investigate a site’s backlink profile using tools like Ahrefs and Open Site Explorer.
2. Revenue Generation.
Unless you are skilled or experienced, taking the risk of reviving a bankrupt business is not worth it. As a result, select a company with increasing revenue. Request financial information in monthly increments. It will provide you with a clear picture of the company’s heading.
3. Expenses.
Examine costs such as website hosting, domain renewals, digital marketing, SEO, etc. At the same time, be sure that the owner has good spending habits. Otherwise, you can reallocate spending to boost profitability.
It’s also crucial to look for unnaturally low costs or that the owner failed to communicate. Payment processor costs, reimbursements for integrations and plugins, and other expenses fall into this category.
Overall, purchasing a business that requires more expenses than annual profits is not wise.
4. Growth Potential.
The right business for you may appear to have reached its full potential. However, there are always methods to offer value. Perhaps the business owner has never used a CRO service before. You can engage one to evaluate your company’s website for conversion process flaws.
You can even create a social media marketing strategy that is dynamic. There are numerous approaches to testing and scaling your organization. Avoid purchasing a company that has little to no growth prospects.
5. Find Out The Reason For the Sale.
It’s critical to figure out why the owner is selling their company. It’s best to look for another business if the explanations they give raise any red flags (such as the unprofitability of a lack of visitors). Knowing the causes can help you determine whether you can deal with them.
6. Customer Reviews.
Finally, determine whether present customers are satisfied with the company. It will provide you with precise information on the company you intend to buy.
If you don’t want to start a business from scratch, buying an existing business is preferable. But be sure to look for the good things. Otherwise, you can invest in a losing venture.
How Do You Price Online Businesses?
To price your internet business, follow these steps:
1. Identify The Business Model.
Recognize the business model first. A complete service turnkey solution, product-based, step-by-step lead generation business, real estate websites, done-for-you advertising, subscription-based, and more can all be found online. You need a company whose income model matches your short- and long-term goals.
2. Look at The Essential Metrics.
The next step is to examine the balance sheets and profit and loss statements. Additionally, consider all KPIs such as annual revenue, gross and net profits, and cost of goods sold. They indicate the company’s financial health and determine its long-term viability.
3. Different Modes of Valuation.
Business valuation can be complex. Each business is unique, and so are the valuation methods.
Take, for example, online business value. In this situation, most corporations calculate the valuation by multiplying annual revenue by three. The final worth of online content sites or blogs is computed by multiplying by 6. You may still be unsure, but this can help clear things up.
You can also use the valuation tools provided by most marketplaces, such as Flippa, FE International, and others.
4. Annual Study Expenses.
When looking to acquire an internet business for sale, it’s good to research and compare the total annual expenses with the yearly revenue.
Investing in a company with expenses that potentially exceed 75% of annual sales is not a wise idea. In a highly inflationary market, yearly fees may outpace revenue in such instances.
Finally, your market knowledge, budget, and long-term objectives determine the correct pricing for an internet business.
Conclusion
When buying or selling a business, many aspects come into play, including the company’s size, annual revenue, marketing channels, branding, growth, KPIs, and more.
FE Foreign is a beautiful alternative if you want to attract international buyers. Flippa is a great marketplace for buying and selling small companies and startups. I recommend Digital Exits for major technology companies that require support with every transaction area.