Purchasing an already-established business can be a great way to get your foot in the door of entrepreneurship. Not only do you have the advantage of an established customer base, but you also have a team of employees who are familiar with the inner workings of the business. But how do you find businesses that are actually for sale? Keep reading to find out.
1. Scan Local Listings
There are many websites and online databases that list businesses that are up for sale, such as BizBuySell and BusinessesForSale.com. However, these aren’t the only places to look. newspapers and other local publications frequently have listings for businesses that are being sold in the area. Oftentimes, these local listings will include businesses that aren’t widely advertised elsewhere.
2. Talk to a Business Broker
If you’re having trouble finding any businesses that fit your specific criteria, it might be helpful to talk to a business broker. Business brokers are professionals who help match potential buyers with businesses that are for sale. They will be able to provide you with a list of businesses that fit your desired price range, location, and industry.
3. Check with Your Chamber of Commerce
Another great resource for finding businesses that are up for sale is your local chamber of commerce. The chamber of commerce is a group of local business owners who meet regularly to discuss common issues and goals. Many times, members of the chamber of commerce will know about businesses that are looking to be sold before they’re even listed publicly.
4. Ask Around About Businesses for Sale
Sometimes, the best way to find out about businesses that are up for sale is simply by asking around. Talk to your friends, family, and colleagues—someone you know might just be looking to sell their business! You never know until you ask.
5. Attend Entrepreneurial Events
If you really want to get your foot in the door of entrepreneurship, attending entrepreneurial events is a great way to network and learn about businesses that might be up for sale. At these events, you’ll have the chance to talk directly with business owners and get first-hand information about their companies. Who knows—you might even find your dream business!
Bonus Tip. Business Marketplace Websites
You can search for businesses for sale on business marketplace websites like Flippa.com or BizBuySell.com. These websites provide a convenient way to browse businesses for sale and can be a great resource when you’re beginning your search.
However, it’s important to remember that not all businesses listed on these websites are legitimate businesses. You’ll need to do your due diligence to research the businesses you’re interested in and make sure they’re legitimate before you make an offer. But if you’re willing to put in the work, business marketplace websites can be a great place to find the business of your dreams.
If you’re thinking about purchasing an already-established business, there are several avenues you can explore to find ones that fit your specific criteria. From scanning local listings and talking to business brokers to checking with your chamber of commerce and attending entrepreneurial events, there are plenty of options available to help you find the perfect business! So what are you waiting for? Start your search today!
If you’re thinking about buying a business, there are a few different ways to go about finding businesses for sale. One option is to search online business-for-sale directories. These websites list businesses that are currently on the market, and you can filter the results by industry, business size, and location. Another option is to contact a business broker. Business brokers specialize in connecting buyers and sellers, and they can help you find businesses that fit your criteria. Finally, you can also Network with other business owners and ask if they know of any businesses that might be up for sale. Whichever method you choose, doing your research is essential before making any decisions.
Flippa is the #1 global online marketplace to buy and sell online businesses and digital assets. It’s where online business owners meet to trade assets, from Ecommerce stores, blogs, SaaS companies, mobile apps, social media accounts, newsletters and other online businesses.
Biz Buy Sell
BizBuySell is the Internet’s largest and most heavily trafficked business for sale marketplace, with more business for sale listings, more unique users, and more search activity than any other service. BizBuySell has an inventory of over 65,000 businesses for sale and more than 3 million monthly visits. BizBuySell also has one of the largest databases of for-sale and sold comparables, as well as a leading franchise directory.
Motion Invest was created by people just like yourselves who either had a site they needed to sell or they were looking to buy a site, however, when sites are making as little as $1+ per month, there wasn’t really a reliable place to go to. After talking with a few other connections in the space, we realized we weren’t alone and that there was a need for somewhere for people like us to go, and that is when Motion Invest came into the picture.
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