The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

have a 1 month old paid membership web site with 10 members..is it allowed to sell here and does it sell well?

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., "www.mywebsite.com"

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (2)
No User Photo
The BAF Group LLC
MD

Mandy, any business must have somewhere in the area of three (3) years of Tax Returns, in order to justify a price premium price. Before that, the business is too young to command any return clientele that the Buyer or the Bank can count on, which means there is essentially no goodwill that is bankable. And goodwill is all you have in a service business, unless you have patents or copyrights, which protect you from competition. Such intellectual property can be very worthwhile, but you don't mention any such assets in your write up.

There are some circumstances when businesses can be sold profitably in less than three (3) years; but in the current economy, those are rare. But with the information you have provided, I don't think you are there. You can still sell, but not at a very meaningful price.

Nov 23, 2009
Kjerstin Deane
BizBuySell
Business Operations Manager
San Francisco County, CA

Dear Mandy,

Given that your business is still in the startup phase (as it is only one month old) you could list it on BizBuySell as a start up opportunity. We do receive a significant amount of traffic to that section of our web site.

To see how people would find your listing go to our home page and click on Buy A Biz and then select the start up tab.

I hope this information is helpful. Please contact us at www.bizbuysell.com/feedback.htm if you need further assistance.

Nov 23, 2009

Start a Discussion