FAQ's
Here are some questions that visitors to our site frequently ask, with their answers. If you have a question that this list does not address, please contact buy*website site support. We will be happy to assist you.
Why buy*website? What factors drive the valuation of my web business? What business information must I provide to generate a valuation report? What do the valuation reports cost? How long does it take to prepare a valuation report? How should I use the valuation report? Will buy*website sign a nondisclosure agreement before I provide my company information? What is your due diligence service? What is your privacy policy? How do I know if my site is "high value" and can be listed for sale on this site? How do I list my business for sale on this site? What does it cost to list my business on buy*website? How long will it take to sell my business? How do I buy an online business? What about financing? I want to buy out my competitor, can you help? What about legal issues involved in selling my online business? I am interested in partnering with buy*website. How is this done? How do I get an answer to a question not listed above?
Why buy*website?
We are specialists in brokering online business deals. That is all we do. We provide the three essential factors you need when you want to market your business:
- Access to a global network of motivated buyers
- Intimate knowledge of prevailing market conditions
- Deep experience in pricing, structuring, and negotiating the sale of online businesses
In addition, we collectively have decades of experience in brokering deals for online businesses. We have established a culture of trustworthiness, confidentiality, and respect. We strive to understand your point view, which brings an amiable intensity to our practice and enables us to help you with every aspect of the sale.
What factors drive the valuation of my web business?
Cash flow is the critical factor in valuing mainstream web businesses, along with the rate of cash-flow growth. For web businesses in the pre-revenue phase, the most important of numerous factors are traffic, market size, and first-mover advantage.
What business information must I provide to generate a valuation report?
We offer two appraisal services for estimating the value of online businesses
The Preliminary Valuation Report: This requires the completion of an online form. It asks for such basic information as domain name, startup date, current and historical cash flow, revenue, and so on. The report is generated electronically and sent to you via email.
Full Valuation Report: This appraisal service typically involves multiple telephone and/or in-person conversations between the appraiser and business owner/manager. We base the report on detailed company and market information, and analyze comparable transactions to guide our valuation range.
What do the valuation reports cost?
We provide our Preliminary Valuation Reports at no cost to you. Our fee for the Full Valuation Report depends on the size and complexity of your company. Please contact us for an estimate.
How long does it take to prepare a valuation report?
We complete our Preliminary Valuation Reports within 48 hours of receiving the form. The Full Valuation Report can take up to a week or longer to prepare, depending on your circumstances. Please contact us for more information.
How should I use the valuation report?
Both valuation reports represent our opinion on what your online business might sell for if you listed it with us. Bear in mind the importance of establishing the right asking price. Neither of the valuation reports is intended to serve as a certified valuation document usable in a court of law for family law, or partnership resolution purposes.
Will buy*website sign a nondisclosure agreement before I provide my company information?
Yes, we will. We are pleased to sign any industry-standard NDA as part of being engaged by any client company.
What is your due diligence service?
In proposing a purchase agreement, the seller of a business makes representations regarding the business being sold. After the seller and buyer consent to the terms of the agreement, the buyer must verify those representations and evaluate the seller's ability to fulfill any warranties provided.
In those verifications and evaluations, the buyer typically confirms all material facts related to the purchase of the business in a process known as "due diligence". With that process in mind, our assistance to a seller in the crafting of a proposed purchase agreement helps that seller streamline the due diligence investigation.
Our expertise in due diligence investigations is as valuable when we act on behalf of buyers as it is when we are working for the sellers. Our proprietary and detailed checklists ensure that the buyer receives full disclosure on all material aspects of the online business being sold.
What is your privacy policy?
Confidentiality and discretion are extremely important in this business. Sellers typically do not want their competitors to know they are selling. We therefore keep sellers' detailed information private and confidential at all times. In addition, buyers must complete an NDA before we make sellers' details available to them. Further, a seller can identify companies to be restricted from receiving information on the selling company. Confidentiality is always a priority.
How do I know if my site is "high value" and can be listed for sale on this site?
We typically do not operate in the speculative part of the market where domain names are bought and sold for minimal amounts. Some web businesses in pre-revenue mode, however, are definitely within our core market. We welcome all inquiries. If our services are a bad fit for your online business, we will be happy to suggest brokers whose services better match your needs.
How do I list my business for sale on this site?
The process is easy. If you want to do as the many companies who have used our services have done, here are the simple steps to follow:
- Download our formal engagement letter.
- Email us and give us the opportunity to welcome you
- We will schedule a telephone call to discuss the listing with you
- Mail us a signed copy of the formal engagement letter
- We will prepare your listing and display it on our site
- We will actively promoting your site in our network of motivated buyers
We'd love to work with you. Let's get the ball rolling.
What does it cost to list my business on buy*website?
There is no listing fee. You pay only when your web business sells. We charge the industry-standard success fee of 10 percent. You can find more information in our engagement letter.
How long will it take to sell my business?
We have found that there is no typical time period for selling. Some businesses attract multiple bids right away, while others take longer to get their first bid. The time needed to sell varies according to such factors as asking price, market conditions, flexibility of terms, and the overall attractiveness of the business.
How do I buy an online business?
If you are interested in buying a company in our listings, let us know. We will schedule a telephone call and discuss the company in question. If the fit looks good, we will ask you to sign an NDA, which allows us to give you more detailed information on the business. Or call us at 1-888-251-7750.
What about financing?
Sometimes a vendor will offer financing. Sometimes the buyer can arrange third-party financing. Each case is different. We are happy to discuss and help you with your options.
I want to buy out my competitor, can you help?
Yes, we can. If you need someone to approach a competitor about merging, or being acquired, we can facilitate that. It is one of the many services we provide to our clients. We can help you grow your business in many ways. For a free consultation on how we might work together, just e-mail us, or call us at 1-888-251-7750. We can help.
What about the legal issues involved in selling my online business?
We are not lawyers, so we cannot provide a legal opinion on legal issues. We do, however, refer customers to our legal partners who are available to resolve any legal issues involved in selling your business. They can also assist in drafting purchase agreements.
I am interested in partnering with buy*website. How is this done?
We partner with legal and financial firms to service our clients' needs. Please email us or call us at 1-888-251-7750 to initiate a discussion.
How do I get an answer to a question not listed above
Don’t be shy. Send us an email or give us a call at 1-888-251-7750. We would love to work with you. Let us know what you need, and we will respond promptly.