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-   -   Buying a online business? (https://www.homemadeturbo.com/general-discussion-6/buying-online-business-93699/)

j3w 07-19-2008 04:29 PM

Re: Buying a online business?
 

Originally Posted by Racing-Solutions
Profitable businesses arent for sale.

yup.

Guy-Fast 07-19-2008 07:21 PM

Re: Buying a online business?
 
If this guy is throwing 500 a bucks a month in this pocket for a little paper work he wouldnt sell it

miss-piggy 07-19-2008 07:38 PM

Re: Buying a online business?
 

Originally Posted by Racing-Solutions
Profitable businesses arent for sale.

Huh? That doesn't make sense at all.


Originally Posted by chris
If this guy is throwing 500 a bucks a month in this pocket for a little paper work he wouldnt sell it

It takes a good amount of time to answer emails, make ebay posts, follow up on stuff, and make sure the deal goes smoothly. In the end, $500 a month, to make it worth his time he could spend no longer than 25 hours on the whole deal and thats only making $20 an hour. In the end, it may not be worth it to him.

Guy-Fast 07-19-2008 07:46 PM

Re: Buying a online business?
 

Originally Posted by bigwig
Huh? That doesn't make sense at all.

It takes a good amount of time to answer emails, make ebay posts, follow up on stuff, and make sure the deal goes smoothly. In the end, $500 a month, to make it worth his time he could spend no longer than 25 hours on the whole deal and thats only making $20 an hour. In the end, it may not be worth it to him.

Thanks for letting me now how to run a business. Emails arent ---- for work. Its work but really I mean if they are drop shipping they are also most likely have an automatic tracking system set up has well sent directly to the customers email.



There is no need for customer support has only people dumb people like myself over that service for free since I care. American companies dont offer that service anymore.



scottsi 07-19-2008 07:59 PM

Re: Buying a online business?
 
It takes time to post things up on auction sites, which is where he said he made the majority of his money. I have the time for that but I still don't know if its a good investment or not.

Guy-Fast 07-19-2008 08:20 PM

Re: Buying a online business?
 

Originally Posted by scottsi
It takes time to post things up on auction sites, which is where he said he made the majority of his money. I have the time for that but I still don't know if its a good investment or not.



His asking price is way to high. For a maybe a K you get his connections etc it wouldnt be to bad.

scottsi 07-19-2008 09:27 PM

Re: Buying a online business?
 
supplier buy in is $2500

CspecRun 07-19-2008 10:14 PM

Re: Buying a online business?
 
This is just another roll of tha dice....you could win, you could lose.

mandrel-bends 07-23-2008 01:29 AM

Re: Buying a online business?
 
What doesn't make sense? You don't sell a *profitable* business, you employ it, and do something else if you don't want to be there or do it anymore.

I've bought a couple businesses in the last few years - and 9 out of 10 of the businesses I've seen for sale due to "owner retiring", "other interests", "health problems", etc are typically businesses that are not profitable enough to be self sustaining. This is very common and most people eventually realize they are doing nothing more then employing themselves and want out.

I would be wary.


Originally Posted by bigwig
Huh? That doesn't make sense at all.


Scott-EP 07-23-2008 01:39 AM

Re: Buying a online business?
 
i have an online CDM boost business i will sell you for $5k. i am too busy for it. lol


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