 by Quiet Light Brokerage
Over the past few years, we have shared with WebProNews readers various success stories of individuals and companies who sold their web businesses. In today's economy we hear more and more questions about whether now is a good time to sell a web business, or whether they should wait for a more active marketplace.
What most online business owners do not realize is that the current marketplace is very active with buyers who are looking for quality, established, and profitable websites. This year alone at Quiet Light Brokerage, we have helped over 40 internet business owners sell their online business. Since we specialize in businesses with values that range from as small as $100,000 and as high as $5,000,000, this represents millions of dollars of acquisitions that have been transacted through Quiet Light Brokerage.
Below are 5 examples of sites that have sold in 2010 (and do not include any of the many businesses that are currently under offer with buyers):
 | Character E-Commerce Site – Asking Price: $799,000 – SOLD
This business focused on selling items related to Betty Boop, Popeye, and similar characters. Despite the challenge of carrying a large amount of inventory, we found an excellent cash buyer within 30 days. | | Deal of the Day Site – Asking Price: $980,000 – SOLD
This Internet business specialized in offering special ‘deals of the day’ to their members. We had this business listed for less than a week before we found a new owner who has been able to bring a cash offer to the table and has since taken the business to the next level. | | Multiple Adsense Sites – Asking Prices: $20,000 - $460,000 – ALL SOLD
We like Adsense sites, and so do our buyers. This year we have had only one problem with Adsense sites: we cannot find enough to sell. Most of our Adsense sites are snatched at prices above market averages within hours of us listing them for sale. | | General Web Directory – Asking Price: $350,000 – SOLD
This was a rapidly growing web directory in the style of a JoeAnt.com or BOTW.org. We were able to create quite a bit of excitement over this business which resulted in a bidding war that netted a final price over our original asking price. This business spent less than 30 days on the market. | | Online Transportation Marketplace – Asking Price: $399,000 – SOLD
The Internet offers a variety of business models for entrepreneurs. This business model was certainly unique as was the niche, but the fundamentals of this business were sound. It took us less than a month to find a quality buyer for this Internet business. |
These 5 examples simply scratch the surface of the marketplace that exists for your business. Whether your business is worth $500,000 or $5,000,000, there are many buyers who are looking for businesses like yours.
Do you know how much your business would sell for? Get a complimentary valuation of your business today from Quiet Light Brokerage.
Tips When Considering Selling Your Web Business
At Quiet Light Brokerage, we are in conversation with literally hundreds of active buyers who are looking for quality web businesses. We have cultivated these relationships over the past several years through the 200+ transactions we have facilitated. The result of these conversations is that we have gained a good understanding of what buyers are looking for, and what mistakes those who are selling their businesses often make. Below are just 3 tips we would like to share with WebProNews readers:
| 1.) | Keep Good Records. The biggest mistake that companies make when selling their online business is that they do not properly prepare themselves to sell their business. As a result, when buyer’s look for certain records and information, and when you as a seller are not able to quickly provide that information, buyers grow skeptical. At Quiet Light Brokerage, we work harder than any other company to make sure our clients are fully prepared and to avoid any unnecessary surprises. | | 2.) | Don’t Wait Too Long to Sell. Many business owners come to us when they have reached a point of being burnt out and tired of their business. Although we have sold many businesses for people who are simply looking to move on, these people could have earned more by simply selling their web business earlier when they were more invigorated. If you think you would like to sell within the next 1 -2 years, you should talk with a professional immediately to make sure you get the most value for your business. | | 3.) | Always Work with a Professional. If you are selling a relatively small business, self-listing the business for sale can be a good option. However, for any sale in excess of $100,000, having a professional guide you through the process of preparing your business, evaluating potential offers, and guiding you through the closing process – which can be complex and confusing – is an absolute must. In addition, a professional service can instantly tap into a marketplace of thousands of potential buyers, many of which they will have established relationships with. |
Learn more about selling your online business. Call us for a free consultation and valuation at 1(800) 746-5034 or fill out our free valuation form.
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