The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Any reputable business brokers with good inventory?

mtnman

Bronze Contributor
FASTLANE INSIDER
Speedway Pass
Oct 3, 2007
1,761
492
182
Agree. Would stay away from FEI as overpriced multiples sometimes based on 3 month averages.
Know of any under the radar brokerages with clean reputable inventory? Just paid $10k to see another shitpot on Empire Flippers... garbage.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

MJ DeMarco

Administrator
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 23, 2007
29,233
100,939
3,751
Fountain Hills, AZ
OP
OP
mtnman

mtnman

Bronze Contributor
FASTLANE INSIDER
Speedway Pass
Oct 3, 2007
1,761
492
182
Huh? You paid $10K for what?
It's a deposit system to open due diligence... they want to know you have the green before showing you the deets of a $900k offering.
 

MJ DeMarco

Administrator
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 23, 2007
29,233
100,939
3,751
Fountain Hills, AZ
Moved to a new thread, be interesting to hear what other's experiences are. @mtnman -- care to go in a bit more detail about your experience with Empire?
 

MJ DeMarco

Administrator
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 23, 2007
29,233
100,939
3,751
Fountain Hills, AZ
@biophase -- where'd you sell your Camo website again? Recommended?
 

CareCPA

Gold Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
May 2, 2017
711
2,410
550
30
Pennsylvania
The ones I know of are
  • WebsiteClosers,
  • Quietlight,
  • FEInternational,
  • The FBA Broker,
  • Empire Flippers (which you obviously mentioned)
  • AppBusinessBrokers.com
  • globalwiredadvisors.com
  • Latonas.com
There's also the Shopify Exchange.

I would stay away from Flippa unless you really know how to do due diligence.
 

biophase

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 25, 2007
6,729
30,540
5,083
Scottsdale, AZ
But you get the $10k back right?

I used digital acquisitions. If you are serious, get a buying broker to do all the looking for you. At $1m deal they are getting $40k to find you a business. It’s just like hiring a real estate agent.
 
OP
OP
mtnman

mtnman

Bronze Contributor
FASTLANE INSIDER
Speedway Pass
Oct 3, 2007
1,761
492
182
Moved to a new thread, be interesting to hear what other's experiences are. @mtnman -- care to go in a bit more detail about your experience with Empire?
Thanks, I don't really have any experience with them, other than wasting my time looking at homes built on sand.

Maybe it's my fault expectation wise, but there's no way in hell I'm going to pay a mil + for a shady affiliate site that's gonna tank 8 months from now. Good racket though for the other side of the fence I suppose...
 
OP
OP
mtnman

mtnman

Bronze Contributor
FASTLANE INSIDER
Speedway Pass
Oct 3, 2007
1,761
492
182
But you get the $10k back right?

I used digital acquisitions. If you are serious, get a buying broker to do all the looking for you. At $1m deal they are getting $40k to find you a business. It’s just like hiring a real estate agent.
Absolutely. After you look at several though, you realize the whole thing is a waste of your time. It's like investing in Lending Club in 2019.

Maybe a needle in a haystack comes along, I don't know? But I suspect they would snap it up themselves, leaving only the mediocre left in the marketplace.

Owner direct, private sale is where it's at... just takes a lot of outreach/numbers game.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.


Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Sponsored Offers

  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Damn this is impressive. You got a huge amount of students on there and great reviews. Great work Lex.
Replies
7
Views
714
Top Bottom