Buy And Sell Online Business Success Stories [2024]
Are you contemplating a venture with limitless growth potential? Consider buying and selling online businesses. This business model involves purchasing established online businesses, enhancing their value, and then selling them for a profit.
In simple terms, you find underperforming or undervalued online businesses, invest time and resources into optimizing their operations, and eventually sell them at a higher price. It's akin to house flipping, but in the digital realm.
The allure lies in its diversity; you’ll handle various types of businesses—ecommerce stores, blogs, SaaS platforms, and more. This keeps your work interesting while allowing you to leverage your strengths. As you gain expertise, your ability to identify lucrative opportunities improves.
The key to success is performing thorough due diligence and having a clear strategy for value enhancement. If you relish analyzing data and optimizing performance, buying and selling online businesses could be the ideal opportunity to turn your skills into substantial profits.
In this list, you'll find real-world buy and sell online business success stories and very profitable examples of starting a buy and sell online business that makes money.
1. Empire Flippers ($4.2M/year)
Gregory Elfrink came up with the idea for Empire Flippers when his outsourcing company in the Philippines lost a major client, leading him to explore the world of niche sites. After finding success with his own niche sites and receiving requests from others to sell their websites, Elfrink pivoted to become a full-time broker. With a focus on transparency and content marketing, Empire Flippers has become a leading M&A advisory business for online businesses, brokering over $50 million worth of deals.
How much money it makes: $4.2M/year
How many people on the team: 53
Empire Flippers is a thought leader in brokering online business deals, having brokered over $50 million worth of deals and grown their pool of potential buyers by hundreds every month through a focus on content marketing and middle-of-funnel content.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.