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Looking to Buy an Online Business

alexrostman

New Member
Registered
#1
Hello Guys,
I have around $200,000 available and I would like to buy an online business.

I have reached BizBroker24 an online E-Business and Mergers and Acquisition Company, they were offering me a drop shipping ecommerce business for $150,000. This business generated around $80,000 per year. I would like to know if you believe the price of this business is too high considering that it makes only $80,000

What do you think about it?

Thanks!
 

WebmastersMind

Administrative
Staff member
SEO Expert
Freelancer
Official Support
#2
I think it's good if you do not have to work too hard for that job. It must bring you an income without too much work. In two years you recover your investment, but be careful to not enter into an endless pit. Also, make sure you get money from the first day and you have other main income, this is a secondary business that can become the main one. Good luck!
 

CyRaw

Well-Known Member
Registered
SEO Expert
Active Member
Freelancer
#3
I think that $200k can be invested in a more profitable business ;)
 

Verox

Active Member
Registered
#6
GOD! 200k dollars? Invest on your business!! Don't buy one!
Why? Although it is risky to buy such a business from someone else's, also it is riskier to do one if you don't know about marketing, competition, and demand. Ask for more information from the guy and make sure you have a stable source of income next to this project.
 

WebmastersMind

Administrative
Staff member
SEO Expert
Freelancer
Official Support
#7
You did well that you asked here. Many people can help you, but everyone has different opinions. First you should ask yourself if you can deal with such a business and try to talk with a business consultant.
 
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