You are probably taking over a ready-to-go opportunity. Once you have taken proprietorship, you have the option of continuing business as usual or making adjustments in the hopes of increasing earnings.
You must decide if the convenience of not having to construct your own ecommerce platform is worth the cost. However, full-fledged online businesses can cost for a few hundred or a few thousand dollars, while successful websites can go high up to tens to hundreds of thousands of dollars.
Flippa is a marketplace, where users can purchase and sell digital assets, like websites, domain names, and mobile applications. It's a major hub for people looking to acquire and sell businesses.
Listed online firms' traffic, finances, analyses, channels, demographics, and more are all available to a potential purchaser. You can do your research on online firms with the help of a thorough "Due Diligence Report," which is available for purchase.
In addition to that, there is the "Flippa Finder" service, which is a VIP concierge designed just for first-time buyers. For a low one-time price of $50, you may receive expert advice and direction from these consultants.
When it comes to sellers, Flippa has them covered, too. Publish your company by providing all the necessary details. You can link your Google Analytics account with Flippa if you are selling a blog or an online store. Site visitors and other important metrics might be displayed as proof of your site's success.
If you are looking for a variety of side projects, go no farther than SideProjectors, a market with a wide selection. SaaS, eCommerce, blogs, website themes, mobile apps, domain names, and browser extensions are just some of the business models it supports. In addition to that, you can narrow your search for a new computer by its pricing, its features, its target market, and the status of its projects.
Since SideProjetors does not process any payments, it does not require a commission from buyers or sellers. This is merely a conduit via which buyers and sellers can find one another.
3. Empire Flippers
Empire Flippers is a marketplace that specializes in the purchasing and selling of online businesses. By doing individual background checks on both the buyers and the sellers, it streamlines the transaction process and reduces the amount of friction that occurs.
The company listings that are displayed on the site take into account monetization strategies, niches, monthly net profits, and prices that are anticipated.
4. Shopify Exchange
The Shopify ecommerce platform facilitates business transactions through its own marketplace, called Shopify Exchange. Business listings can be filtered by a wide variety of criteria, such as sector, geographic region, company profile, and sales methodology. You can narrow your search to verified companies if you choose.
Shopify Exchange's encrypted communications and Escrow payment features further ensure the safety of your business dealings. The service cost for using Shopify Exchange is a percentage of your site's gross sales. The projected Exchange price and the Escrow fee are both included in the service fee.
5. FE International
FE International is a consultancy that assists buyers and sellers of online businesses. By using this platform, you may quickly and easily connect with a large pool of serious, pre-screened investors.
Also, you have the option of selecting from the most recent postings, which include information, like annual income, net profit, and asking price. If a firm is "under offer," the system will notify you so that you don't waste time investigating it the next day, when it may have already been sold. The list format also makes it easy to quickly scan the positives of purchasing a company.
For each purchase, FE International adds a 2.5% processing fee to the final sale price. A listing fee is not required. The only way to get an estimate of the valuation cost is to get in touch with the provider.