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How to go about selling your online business?

6 points by _ud4a ↗ HN
me and couple of friends started a website as a side project. all 3 of us work fulltime so the website basically runs itself. over the past few years we've had amazing growth with $0 spent on marketing or advertising where our competitors get lots of media attention and do lots of advertising.

we went from making $1000 a year to now over 100K/year. what can we do in order to see if there is any potential buyers interested?

thanks

8 comments

[ 2.7 ms ] story [ 17.2 ms ] thread
code
Post it on https://flippa.com/ with specific site details, analytics stats, and actual revenue figures (monthly). The more detail the better. Flippa is a marketplace for people to buy and sell websites, including ones that produce revenues, etc...
bad_user
Do businesses get bought on Flippa -- most listings I see with non-zero bids aren't covering the development costs over a single day -- $10 bids? Seriously?
pitdesi
Also - tell us what it is! Post the info in this thread, there's always the chance that someone here will be interested
_ud4a
thanks for the comments. i'll check out Flippa. seems like there is a lot of lower end websites selling there though. i could only find 6-7 sites selling over 100K.
wmboy
That's true but it doesn't mean potential investors with deep pockets aren't keeping an eye on listings.
_ud4a
once i discuss it with the other guys i will post the URL here. don't want to give it out like that to give the site a bad image, you know?
mindball
That seems fair. If you are looking to go ahead with the sale feel free to send me an email (fraser at username dot com). I have brokered a few deals for companies making 100k+/year.
Flippa_com
As per some of the other comments, Flippa is likely able to get you a good buyer. If the website qualifies, it will likely be included in our A-List newsletter (see https://flippa.com/a-list) which will get it in front of premium buyers. Let us know if you need any assistance getting your auction running (though "code" makes some great point on this thread already!). We'd be happy to help.