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Tiny Acquisitions

tinyacquisitions.com

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Re: Tiny Acquisitions

#91

Post by iaw »

alex_g wrote: post #90
iaw wrote: post #85

Earlier quoted context omitted.

Just to echo this, I recently had a lovely conversation with a guy building a business he knew would be irrelevant in 10 years with the goal of selling in 3 years to someone who didn't realize that. I will never buy a business, real estate is a much safer bet.

Yeah that's messed up. Any time you're buying anything, but especially a business, you need to do your due diligence. Perhaps I'm naive, but I think your risk in buying a business goes down if the current owner under-appreciates what they have, and you have the skills to do it better than them.

> your risk in buying a business goes down if the current owner under-appreciates what they have

This is completely true, my sentiment is more for the idea of a "turn-key business" acting like an annuity. I don't think every business for sale is going down but I think there's a large enough risk case that I'd rather avoid it.

Re: Tiny Acquisitions

#92

Post by gpapilion »

iaw wrote: post #85
alex_g wrote: post #68

If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…

Just to echo this, I recently had a lovely conversation with a guy building a business he knew would be irrelevant in 10 years with the goal of selling in 3 years to someone who didn't realize that. I will never buy a business, real estate is a much safer bet.

This is basically Don Fisher’s (gap founder) advice for planning a business. Assume you’ll go out of business in five years.

Re: Tiny Acquisitions

#93

Post by 867-5309 »

Scoundreller wrote: post #75
867-5309 wrote: post #57

Earlier quoted context omitted.

I'd imagine hosting would not be resource-heavy so <$2/mo, that's why sites like these don't really need ads as the cost of hosting is negligible. is there any way of generating revenue other than plastering a load of ads onto a website? because doing so would cost a great number of users

> because doing so would cost a great number of users Would it? Like, Google isn’t going to boot you for running AdSense on your site. I’m guessing the money is made off search engine visitors rather than recurring visitors that would figure out how to do it by command line.

I meant visitors would be deterred by the sudden infestation of ads, not that page ranking would decrease. if anything it would probably increase

also, how would a search engine visit make money?

Re: Tiny Acquisitions

#95

Post by alex_g »

enobrev wrote: post #86
alex_g wrote: post #68

If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…

Any suggestions on the other end: where to sell a business that is both profitable and should continue to be? Asking for a friend who is looking to retire in the next couple years (at the normal retirement age).

No shame in my #3 above. I'm not an expert, but typically multiples range from 1-4x annual profit, but I've heard through the grapevine that some folks are paying 5-10x. So absolutely list on MicroAcquire.

If it's very profitable, then they might consider talking to FEInternational (or another firm like them). They take a cut, though. But they do pay referral fees, so make sure you get that cut!

Edit: Before someone says I'm crazy for saying things sell for 1x annual profit, I'm not saying that's typical for a brilliant business. It's more typical for something with heavy maintenance, or with really low profits. If you're really interested, check out the link in my bio.

Re: Tiny Acquisitions

#96

Post by snypher »

alasdair_ wrote: post #88

Assuming I wanted to buy a few of these, what's the best way to get the cash out at the end of it all? Create an LLC, have the LLC buy the sites, then just do dividends or something? I'm kind of hazy on how to fund such an LLC to buy stuff in the first place - do most people structure the initial money as a loan so it's tax free? I'd love to hear practically-speaking how to do this on a small scale.

I'm hoping experts will arrive to tell me why I'm wrong - but I think you just buy stock in your LLC at whatever price, or you can loan the LLC the money at whatever terms.

Re: Tiny Acquisitions

#97

Post by sakopov »

alasdair_ wrote: post #88

Assuming I wanted to buy a few of these, what's the best way to get the cash out at the end of it all? Create an LLC, have the LLC buy the sites, then just do dividends or something? I'm kind of hazy on how to fund such an LLC to buy stuff in the first place - do most people structure the initial money as a loan so it's tax free? I'd love to hear practically-speaking how to do this on a small scale.

You can start a Directed IRA and literally buy and sell whatever you want tax free.

Re: Tiny Acquisitions

#98

Post by Scoundreller »

867-5309 wrote: post #93
Scoundreller wrote: post #75

Earlier quoted context omitted.

> because doing so would cost a great number of users Would it? Like, Google isn’t going to boot you for running AdSense on your site. I’m guessing the money is made off search engine visitors rather than recurring visitors that would figure out how to do it by command line.

I meant visitors would be deterred by the sudden infestation of ads, not that page ranking would decrease. if anything it would probably increase also, how would a search engine visit make money?

Most Sites shows ads through Google AdSense. Most web searches are through Google. Makes sense for them to try and send you to properties where they might make some more money off of you.

Re: Tiny Acquisitions

#99

Post by ikeboy »

Here's a list I put together last year of similar sites, I just added Tiny Acquisitions to it. Disclaimer, haven't looked at this in a while, some may be inactive.

Marketplace https://microacquire.com/ - SaaS https://flippa.com/ https://empireflippers.com/ - Focus on Amazon but also SaaS and other online businesses https://exchangemarketplace.com/ - run by Shopify https://latonas.com/ https://websiteproperties.com/ https://www.sideprojectors.com/ Investors.club https://app.centurica.com/marketwatch https://tinyacquisitions.com/home

Brokers: https://www.quietlightbrokerage.com/ https://feinternational.com/ https://digitalexits.com/ https://thefbabroker.com/ https://www.websiteclosers.com/ https://www.globalwiredadvisors.com/ https://helloexit.com/ https://www.wearebarney.com/ https://acquisitionsdirect.com/

Listings only: https://www.bizbuysell.com/ https://www.businessbroker.net/ https://dealstream.com/ https://www.businessesforsale.com/ https://www.loopnet.com/

Re: Tiny Acquisitions

#100

Post by amoghs »

alex_g wrote: post #68

If you're interested in buying and/or selling small projects, you can typically expect to pay more than $5k for something that's making any consistent amount of money. You're also unlikely to find a great deal on a really special project on a marketplace. People who post on marketplaces like Flippa or MicroAcquire or SideProjectors (there're dozens of them) have either: 1. Realized the time it takes to maintain is no…

A part of me feels that with any acquisition ever. If it's really that good, why're you selling?

I think there's some element of passion (like you said), though also just around the skill set needed to really take the business somewhere.

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