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Should I hire a broker to sell an online business?

I have an e-commerce business with some tangible goods such branding materials. Should I hire a broker? If not, which type of ad has been most effective?

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Answers (3)
Steve Skrlac
Keystone Business Brokers Inc.
Business Brokerage Services in Ontario, Canada

Most business brokers that I know focus on "old economy" businesses and not online companies. If a business broker tells you they can sell your internet business for you make sure you ask for references and ensure that they've done a transaction like that in the past.

Apr 21, 2011
Emmet Apolinario, CEPA, CVB
Sunbelt International
Franklin County, OH
Premium Broker

If you are online you might want to check out - they specialize in online/web companies for sale.

Mar 31, 2011
Pete Harrison
Legacy Venture Group USA, Inc.
Premium Broker

Yes! Even though it is online it still has all most of the components of any other business. As a licensed business broker I have personally sold 19 online busines since 2005 ranging from start-ups to over 5 million. There are many qualifed buyers looking for online business but they have to make sense. Typically 3 years of tax returns, equipment list as well as monthly reccurring revenues will be key in valuing this business.

Mar 31, 2011