If you have just stumbled across this blog, please take a moment to read these 2 intro blogs for better understanding:
OK, so I have a pretty good strategy on what to focus on. I like businesses in the SaaS space with recurring revenues, preferably for some sort of platform/software/tech company. I also want to make sure that the company has been around for at least 2 years, has actual revenue and is profitable. Location and size is not that important to me right now.
Now the big question is: Where do I find companies for sale that fit my criteria? Well, it's actually fairly easy to find listings of companies for sale - but that's the only easy part. Going through all these listings to separate the good from the bad is a very time-consuming task...I can already tell that this will be a big time suck - unless I can figure out how to automate & delegate some of this work.
Business Sales Websites
After a little big of research and talking to a few people with experience in buying & selling companies, I have compiled a list of websites (in no particular order):
- Flippa.com - marketplace focused on online businesses, websites, apps & domains
- Microacquire.com - they claim to be the #1 startup acquisition site
- Bizbuysell.com - supposedly the largest site for business & franchise sales
- Bizquest.com - seems more focused on physical businesses, i.e. car wash, laundromat, dry cleaners, etc.