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Sell & Buy Business

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ecash10



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PostSubject: Re: Sell & Buy Business   Tue Jun 09, 2009 8:49 pm

Guys go to www.businessforsale.com
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PostSubject: Re: Sell & Buy Business   Wed Jun 10, 2009 3:18 am

ecash10 wrote:
Guys go to www.businessforsale.com


Are you sure the link is working? I see the domain name for sale, with related links on the page to fill it up for the time being.
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esthersoh
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PostSubject: Re: Sell & Buy Business   Wed Jun 10, 2009 9:30 am

I reviewed it. It is basically a website that collects a list of other websites. My guess is the website owner is trying to promote this and increase the click counts so that later he/she can sell the domain name.

Ecash, there is NO real business for sale in the stated website.
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http://www.stores.ebay.com.sg/ES-BoutiQue
ecash10



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PostSubject: Re: Sell & Buy Business   Wed Jun 10, 2009 6:45 pm

Oh sorry my fault.
Wrong spelling/

http://www.businessesforsale.com

From here you can find businesses from many other countries as well as S'pore
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PostSubject: Re: Sell & Buy Business   Wed Jun 10, 2009 9:00 pm

ecash10 wrote:
Oh sorry my fault.
Wrong spelling/

http://www.businessesforsale.com

From here you can find businesses from many other countries as well as S'pore


This is definitely the correct site. I see Singaporean businesses for sale. Not cheap.

It does seem like a good idea to invest in a business too. It's the only investment that the ROI can actually be controlled.
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amcpl1
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PostSubject: Re: Sell & Buy Business   Thu Jun 11, 2009 12:58 am

2 objectives to buy an existing business:

1. Have money and don't want to waste time, buy a profitable company so that you can continue without the startup process. Usually profitable business is expensive as it comes with the business customers and suppliers base.

2. Take challenge of turning unprofitable business around. They have the product/services/license/agency rights, but lack business acumen and in the verge of giving up. You need to have ideas to turn it around. Again, no pain of starting from ground zero as it comes with existing customer base and suppliers. This option is usually cheaper.

Open your mind when you are looking into existing businesses. There are many details you need to cover as you have to investigate if the current owner is not hiding anything, while looking out for opportunity to fly that business after your acquisition.

Good luck, my friends...
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esthersoh
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PostSubject: Re: Sell & Buy Business   Thu Jun 11, 2009 6:28 pm

ecash10 wrote:
Oh sorry my fault.
Wrong spelling/

http://www.businessesforsale.com

From here you can find businesses from many other countries as well as S'pore


Hey, that's a good site. Thanks for sharing. I personally find the franchise portion interesting and informative. Thanks Ecash10
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ecash10



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PostSubject: Re: Sell & Buy Business   Fri Jun 12, 2009 7:53 pm

No problem.

There's also another one but I forgot what is the site name.
Happy hunting

Anyopne interested here's mine http://ecash10.com
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Ninja



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PostSubject: Re: Sell & Buy Business   Sat Jun 13, 2009 9:42 pm

FireBlazen wrote:
Maybe the a lot of people dont know about the website? About being able to sell their business?
But if my business is making money, i wouldn't want to sell it either.


Agree with FireBlazen that most people who want to sell their business(es) don't look in the web to sell it and most likely doesn't even know of the website's existence.

Most people create businesses to sell even though there are emotions attached to it (its like giving your child away). Over time, it gets easier. Many people sell their business when they are offered by a buyer instead of putting it up to sell before offered.

For immediate returns, its definitely worth selling instead of buying! Why i say that? Because the money you make from the sale of a biz are not taxable! Immediate, instant cash! If you'd like to know more info you can PM. Its easier to answer specific questions.

cheers!
Ninja
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PostSubject: Re: Sell & Buy Business   Sat Jun 13, 2009 10:45 pm

Proceeds from sale of business is not taxable? How do you know this? Proof! We need proof! Shocked
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joyce580111



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PostSubject: Re: Sell & Buy Business   Fri Sep 11, 2009 9:58 am

Hi

I would like to offer a Skin Care retail franchise Biz in Jurong Point for sale at 99k. The details are as follows:

Size of shop: 388 sq ft with 2 years lease option to sign another 2 years
Current estimated assets: 77k
Reason for selling: Ran into cashflow problem with the snowballed effect of the underestimated initial capital.

PM me if interested. I would only reveal more detail on a personal basis.
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ahlong



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PostSubject: Re: Sell & Buy Business   Sat Sep 12, 2009 11:41 pm

i would like to know more details.Helping my friend to find out as he plan to open another skin care shop,please email me details
junlong1989@gmail.com
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PostSubject: Re: Sell & Buy Business   Sat Sep 12, 2009 11:46 pm

If any transactions happen, tell me about it. I want to hear your stories.
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salchong



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PostSubject: Re: Sell & Buy Business   Tue Nov 03, 2009 11:21 am

My partners and I sold our business we set up 9 years ago to a listed company for S$5 Million. It was no magic but all about hard work and dreams we shared together for that day. Today, I am looking at various investment opportunities. Like Esther, I am looking at simpler business with small start-up capital. Anyone keen to explore together?
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leumas



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PostSubject: Re: Sell & Buy Business   Thu Nov 05, 2009 12:06 pm

What do you have in mind with small start-up business? Care to share.
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