| Author |
 Topic Search  Topic Options
|
Gullanian 
Senior Member
Joined: 04 January 2002
Location: England
Status: Offline
Points: 4373
|
 Post Options
 Thanks(0)
 Quote  Reply
 Topic: Selling up
Posted: 04 October 2005 at 6:28pm |
|
How do you go about selling a business, as in where do you find people looking to buy one, and how are business valued? I heard a years turnover is what a business usually goes for?
|
 |
Skyforum
Groupie
Joined: 26 August 2005
Location: United States
Status: Offline
Points: 90
|
Post Options
Thanks(0)
Quote Reply
Posted: 04 October 2005 at 11:15pm |
|
I would recommend that you talk with a commercial realtor. They can get
you headed in the right direction and at least hook you up with someone
that can help you get a qualified appraisal of your business.
|
|
Gullanian
Senior Member
Joined: 04 January 2002
Location: England
Status: Offline
Points: 4373
|
Post Options
Thanks(0)
Quote Reply
Posted: 05 October 2005 at 10:48am |
|
I've heard good things about this forum, so put it for sale up on there to see if it generates any interest:
http://www.sitepoint.com/forums/showthread.php?t=304950
If anyone is a member on that forum, I would appreciate it if someone could vouch for me!
|
|
michael
Senior Member
Joined: 08 April 2002
Location: United States
Status: Offline
Points: 4670
|
Post Options
Thanks(0)
Quote Reply
Posted: 05 October 2005 at 11:04am |
|
You wrote up a very good document and if the number are correct I am sure you could get descent offers. Good luck.
|
|
|
|
Gullanian
Senior Member
Joined: 04 January 2002
Location: England
Status: Offline
Points: 4373
|
Post Options
Thanks(0)
Quote Reply
Posted: 05 October 2005 at 11:13am |
|
Do you know of any other sites where I could put it up for sale?
|
|
WebWiz-Bruce
Admin Group
Web Wiz Developer
Joined: 03 September 2001
Location: Bournemouth
Status: Offline
Points: 9844
|
Post Options
Thanks(0)
Quote Reply
Posted: 05 October 2005 at 11:30am |
|
May I ask why you are selling up?
As after all the hard work setting it all up, it looks like it's now starting to pay off.
|
|
|
|
Gullanian
Senior Member
Joined: 04 January 2002
Location: England
Status: Offline
Points: 4373
|
Post Options
Thanks(0)
Quote Reply
Posted: 05 October 2005 at 11:33am |
|
Well, if anyone goes anywhere near my ballpark figure, for me that's a lot of money that would pay of my entire student loan.
I setup the site expecting a few pounds a day, and it's far exceeding that, so for me it's been a sucess. If it can pay of my student loan, then for me thats a success I didn't even dream about before setting it up.
I'm also in the process of working on another business site, and development would be a lot quicker if I could sell my other one off.
|
|
Gullanian
Senior Member
Joined: 04 January 2002
Location: England
Status: Offline
Points: 4373
|
Post Options
Thanks(0)
Quote Reply
Posted: 10 October 2005 at 12:46pm |
|
Highest serious offer I got was £6.5k, not quite enough by about £1k, does anyone know any good reputable sites designed for selling websites?
|
|
