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Old 08-26-2008, 02:04 PM
 
115 posts, read 522,632 times
Reputation: 48

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Has anyone bought a business online before or has sold one? I'm currently looking into several online businesses for sale and am curious if anyone has had success in this arena. I've inquired about SBA loans and am quite confident a large sum would not be an issue.

I currently have a regular good paying job, but am looking to branch out into something new and different. I've done quite a bit of research on businesses for sale and studied cash flow details, inventory, etc.

Feel free to PM me or respond to this post.

Thanks!
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Old 08-26-2009, 05:43 AM
 
1 posts, read 1,027 times
Reputation: 10
Try BusinessesForSale.com, [url=http://www.BusinessesForSale.com]Selling a business | Buy a business on Businesses For Sale[/url]
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Old 08-26-2009, 06:01 AM
 
870 posts, read 3,211,015 times
Reputation: 666
Quote:
Originally Posted by deepballer View Post
Has anyone bought a business online before or has sold one? I'm currently looking into several online businesses for sale and am curious if anyone has had success in this arena. I've inquired about SBA loans and am quite confident a large sum would not be an issue.

I currently have a regular good paying job, but am looking to branch out into something new and different. I've done quite a bit of research on businesses for sale and studied cash flow details, inventory, etc.

Feel free to PM me or respond to this post.

Thanks!
Are you looking to buy an online business or a business that you saw online? Makes a big difference.
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Old 08-26-2009, 07:17 AM
 
Location: Weddington, NC
284 posts, read 530,456 times
Reputation: 293
Quote:
Originally Posted by njmdpanc View Post
Are you looking to buy an online business or a business that you saw online? Makes a big difference.
That was going to be my question too. There are several sites that have listings of businesses for sale, bricks-and-mortar and otherwise. There are also good brokers you can talk to in person, about online businesses
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Old 08-26-2009, 07:44 AM
 
1,253 posts, read 4,163,428 times
Reputation: 622
Perhaps its just the skeptic in me, but, I would imagine most of the businesses for sale are either not as profitable as they state or there is something that they know about in the future that will not make them as profitable and they are trying to cash in now.

Granted there are a few legit and good business to buy but I would bet they are a small percentage of what is available.

Make sure to do your homework and research future trends and not only what they have done in the past. For example, I would never buy a video rental store now even though they might currently be profitable. In the next few years renting DVDs will be a thing of the past and everything will be on-demand streaming media.
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