Published On: Mon, Jun 29th, 2015

How can I sell my online business?

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videogamesI have a games site (providing features, news and reviews ) that I’d like to sell.   The site receives around 20,000 unique visits a month.   I am now looking to sell up the business as I am looking to move away from video game editorial.   We did have an independent valuation done six years ago by McCabe’s and at that point it was valued at 1.2 million GBP.  How can we find a buyer for our games site?

 

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About the Author

- Kizzi Nkwocha is the editor of My Entrepreneur Magazine and publisher of My Making Money Magazine, the net’s fastest growing wealth creation publication. Kizzi Nkwocha made his mark in the UK as a publicist, journalist and social media pioneer. As a widely respected and successful media consultant he has represented a diverse range of clients including the King of Uganda, and Amnesty International. Nkwocha has also become a well-known personality on both radio and television. He has been the focus of a Channel 4 documentary on publicity and has hosted his own talk show, London Line, on Sky TV. He has also produced and presented both radio and TV shows in Cyprus and Spain. Nkwocha has published a number of books on running your own business and in 2011 his team won the Specialized Information Publishing Association (SIPA) award for best use of social media. In the UK he runs a successful consultancy called Social Biz Training which trains people on how to use social media for business.

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  1. dale@settledin.com.au' Dale Reardon says:

    Hi,

    The main online place for buying and selling domains is Flippa:
    http://www.flippa.com

    However I don’t know if they deal with sites in your target price range – perhaps take a look at their high value businesses and see if they are attracting businesses.

    Another market place which takes the presentation more seriously is Empire:
    http://empireflippers.com/how-to-sell-my-website/

    Their fees are higher and they require you to prepare much more information but that is probably a good thing anyway.

    With whichever site you decide to use, it is good to put together a proper business presentation – the more seriously you treat the process and the presentation the better you will do.

    It may also be worthwhile considering some other avenues and talking to business brokers in the offline world and even immigration business brokers – I know in Australia there are special business visas with residency options and many Chinese investors look at businesses in the right price ranges to get the benefit of a residency visa for operating the business.

    Hope that helps,
    Dale.
    https://onlinebeginnershub.com

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