Who says you can't thrive in a recession? Not every business has to suffer from a downturn in the economy. Website Properties.com is a prime example of this. We are coming off our most fruitful month in the history of our company. We closed 6 website business for sale transactions in January which included a total of 26 websites!
Despite the gloomy news we are inundated with nightly, there are a lot of people who want to buy a website business and are searching actively. The main theme seems to be the perception that the markets, real estate and brick and mortar businesses are still too risky, whereas internet business opportunities with proven cash flow are a better bet in these times of uncertainty.
The quality of internet businesses for sale also seems to be improving as well. More aged sites with 4-8 years of history, great fundamentals, sales resilience, and stable and growing trends. The most popular sites we are selling currently tend to be ecommerce websites - primarily with drop ship models.
Looking forward, we anticpate a similarly great February, with lots of activity and new listings from new clients wanting to sell a website business. We are preparing to list these new quality online opportunities which should garner plenty of interest from buyers.
Keep in mind that some of the greatest opportunities exist in recessions and some of the biggest fortunes have been amassed during the worst economic downturns in history. Choose the thrive rather than survive in these times and you shall.
David Fairley
President, Websiteproperties.com
Be the first to rate this post
January 31. 2009 11:29
Although bad economic times are hard on the nation as a whole, historically it is often a time when those who have minded their finances, can grow their businesses through acquisition. It makes sense that your brokerage is thriving as smart investors are busy acquiring solid online businesses in this “buyer’s market”.
Mark Sheedy
February 2. 2009 06:57
I agree with both of you gentlemen. A smart investor is always looking to leverage their investment dollar to it's greatest advantage. With a down-turn in the market, online businesses with a demonstrated earnings history have a higher yield potential and and great upside on the exit of the business as well. I think that this is an area of the global market that certainly serves to strengthen ones investment portfolio.
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February 2. 2009 08:04
I have been considering buying a website business since last summer. However, I put those plans on hold when the economy began to worsen. The industry information you provided has given me the insight to understand that this may be just the time to move forward to find a business that will thrive through these times and at a fair price.
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