If You Want To Buy An Established, Profitable, and Cash-Flow Positive Business, Here Is How To Get Started
Owning a business can mean being your own boss and having greater flexibility about when and where you work. It can also mean added stress as you work toward growing your business and answering to your customers. Whether you’re looking to buy or sell a small business, there are three main websites that can help you.
BizQuest allows you to search for businesses for sale by location, industry and asking price. The platform features both businesses and franchises. Once you select a business you’re interested in, you can learn more about its gross revenue, cash flow and more.
Some businesses choose not to disclose the information and require that you reach out to them directly for more information. The site allows you to learn more about why the owner is selling, whether the business is growing and at what rate, and any additional information the owner wants to share.
For small business sellers, the platform offers two tiers. A basic ad is $59.95 per month and appears in search and offers a space for a photo for your listing as well as lead delivery and stats. A showcase ad costs $84.95 per month and includes all basic features, plus a guide to selling, the option to include multiple photos and a video, a list of local prospective buyers, a sales tagline for search results, and an email sent to potential buyers.
If you’re looking to sell your business, you can put an ad on BizQuest to simply gauge interest with no obligation to sell through the platform.
BuzBuySell provides a space for business owners to sell their company as well as for prospective buyers to learn more about small businesses. There are also options for brokers to list businesses for sale to make the process simple.
The platform offers advice and insights on how to buy a business, what to know about franchises, and how to set a business valuation.
BizBuySell provides sellers a place to calculate the value of their business as part of their listing. This can be especially helpful for sellers because deciding a business valuation can be tough and varies from different business types.
Plans start at $49.95 per month depending on the options you choose for your sale listing.
BusinessesForSale.com boasts more than 70,000 listings. The platform features not only small businesses, but mid-market businesses as well. It also features businesses in areas like Belize or Costa Rica if you’re looking to venture outside the U.S.
You can list your business for free to gauge interest, though you won’t be able to see contact details from inquiries until you upgrade to a paid subscription. Subscriptions start at $149 a month with better value if you buy multiple months at a time.
If you’re buying a business, you can subscribe to receive email alerts to be the first to know about new listings. Additionally, you can place an ad for the type of business you’re seeking. This way, sellers can reach out to you to discuss the terms of their sale.
Need Help?
Pinewood Consulting helps businesses with mergers, acquisitions, due diligence, valuation, and financial modeling need to execute a transaction. Book a FREE consultation with Chad Pavel, CPA below to discuss your next business acquisition or sale.