Empire Flippers are the top-quality website and digital online business brokerage in the world. Trust us; you want them to handle all the obstacles that come with these types of transactions simply because there are many. From our experience, which the Empire Flippers Employees have backed up, many websites & businesses sell within a few days to a few weeks.
More so after being listed on their online marketplace. For instance, in the last 3 months, 95% of their listings have sold. They have 74 active marketplace listings you can choose from in a wide range of prices from over $3,000,000 to under $20,000. Meaning that it’s a great place if you are looking to purchase an already-established website that is proven to earn money.
Or rather, if you want to sell your website to free up capital, Empire Flippers are there to help. Their intensive business background vetting process ensures that only quality listings are on the marketplace, which is much different than Flippa. With this in mind, you can Start Selling On Empire Flippers right away before you learn more! Or use Flippa for the same reason.
Yet another platform to buy and sell online businesses. But, of all online marketplaces, Empire Flippers is the topmost best company and the number #1 curated marketplace among them all — to buy and sell an online business. Furthermore, scrolling through unsuitable online digital and web-based businesses until you find the right one to buy is a waste of your time…
Understanding The Empire Flippers Role In The Flipping Business Market
Empire Flippers specializes in helping people buy and sell online businesses. They are the number 1 “curated marketplace for buying and selling established businesses. The company was founded in 2013 by Joe Magnotti (CEO) and Justin Cooke (CMO). In layman’s language, Empire Flippers is an Inc. 5000 company and the best flipping marketplace for buying and selling.
Especially established, profitable online businesses. And has sold over $93,000,000 worth of Amazon Associates Businesses, affiliate websites, eCommerce businesses, and many other online businesses. Additionally, Empire Flippers have been featured on BuzzFeed, Business Insider, Entrepreneur, Shopify, Moz, and many other outlets, which solidifies their legitimacy.
Hmm, how shall we say it? They run things differently by maintaining a distinct company culture that encourages their team to play as hard as they work. And in that case, the team is made up of folks with a broad range of interests. But, they come together on one key thing, “we love helping people buy and sell websites” from a one-stop and unified marketplace.
Website Flipping is a reservation strategy that you can use to sell your business, which is also driven by the process of buying, improving, and selling websites online. Notably, the term comes from the property industry, where investors buy and renovate a property. Adding lucrative value to it and then selling it at a higher price. The trend is just like the homeowners’ choice.
Some quick facts about the flipping business marketplace:
- the company has sold thousands of websites with a 88% selling success rate
- websites and businesses must have a 6-month solid track record of at least $500 profit+ per month
- businesses and websites must be using Google Analytics for at least 6 months to qualify for vetting
- forgery or even website manipulation in any way to inflate traffic or income is unacceptable
- there is a notable use of a compliance verification process, PBNs, and other related resources
To enumerate, the homeowners’ choice trend in the marketplace is a useful analogy for us to figure out what Empire Flippers will offer you. For instance, when it comes to deciding whether to build a new home versus buying an existing one. In reality, most people looking to live somewhere buy an established home in a specific location, especially where they want to be.
More so instead of buying bricks, building materials, or building themselves a house. That’s where service solutions like website flipping come in handy. Essentially, website flipping is the same process online. And yes! You, too, can make money online through website flipping if you follow my leads in this article. For example, a beginner can open up a web agency, right?
Whereby you can charge businesses to create a new website for them. Similarly, websites such as the Flippa website are among the topmost best platform to buy and sell online businesses. So, if you want to sell custom-built websites per request, you can start today. And as such, you can start making money by listing and selling your website through flippa when ready.
What Empire Flippers Offer In Terms Of Flipping Website Businesses
With that in mind, it’s clear that Website Flipping is one big-time cause to make some good cash online for free. But can you make money by starting or buying a niche website? Or building it into an income source and then selling it? Some people do! You can profit this way, but you need to remember two things. First, it takes some serious work over months or more.
Secondly, you can lose money if things go wrong. Surprisingly, the cost of entry into domain flipping is increasing. Following the sharp increase in the valuation of domain names for brands and businesses. Whereby website flipping business has become more financially accessible. Especially to the average investor compared to the right domain name investment.
Through services like website flipping, Empire Flippers have helped people buy websites and sell online businesses worth over $100 million in profit turnover per annum. Not to mention, their buyers and sellers span the globe. Their fine-tuned process and team ensure you have a safe, secure online business buying and selling experience for all involved customers.
Surprisingly, the first website they sold on the marketplace was their own. And now, they help others around the world do the same. Whereby Empire Flippers remove friction from buying and selling online businesses to be simple and easy. To give you an idea, you can use search filters and tools, save searches, and so much more with a free Empire Flippers account.
How To Get Started In The Online Marketplace For Business Flipping
The reality is that investors and acquirers of online businesses spend way more time than they should search for their next digital asset investment. The businesses aren’t quality checked when you don’t use a broker — you must build trust with the sellers. But, even searching on a broker marketplace takes hours. That’s where the Empire Flippers account comes in handy.
See an online business or website you like? Unlock the listing to access everything you need to review your potential purchase: URL, Google Analytics, Profit & Loss Statement, etc. Remember, as long as you have all it takes, you’ll sell your website or online business hassle-free. The Empire Flippers will hold your hand through the process and weed out non-serious buyers.
They even transfer the business to the buyer, so you don’t have to. As a result, this means that you can easily and quickly make more money with the help of Empire Flippers than if you sell on your own. You don’t need to buy extra application tools or download software to complete the process. You don’t need to contact your web host provider — they do it on your behalf.
It’s a hub where you can accelerate your search efficiency with search streamlining tools and your dashboard to organize your searches. Now, thousands of online business buyers like you are quickly and easily finding their dream acquisitions. Get started and use 15+ search column options for snapshots of a business’ history — shave off hours to find your next acquisition.
Their other solutions include;
- Qualified And Professional Market Finders
- Experienced And Certified Business Brokers
- Approved And Expert Business Financiers
On that note, you can now join thousands of customers around the globe who’ve bought and sold over $400+ million worth of online businesses. Every Monday, they publish new businesses for sale on their marketplace store for your selection. Visit the marketplace to find profitable online businesses for sale. From passive investments to involved assets, they’ve got them all.
Regarding legitimacy, they reject most businesses before they go live, ensuring you’ll have the highest quality options for your next acquisition. To start and find an internet business for sale, you’ll need to register for a free account at any time — so you can start your due diligence process.
Be that as it may, you can read and learn more about the team to gather more resourceful information. Moving on, it’s important to realize that the services differ depending on if you are the buyer or seller, so let’s take a look at the breakdown:
What If You Are A Flipping Business Marketplace Seller?
To begin with, you’ll enter your business for evaluation in the Listing Process using the Empire Flippers website. Whereby it will give you an estimation of what your website or business is worth; if you are interested, you’ll be connected with a business specialist to begin the vetting process. Next, a Business Vetting Process is done — for the seller side.
Before a listing goes live, the team inspects all aspects of your website or business. During this process, website ownership is verified, traffic is verified, earnings are verified, and all other assets are inspected. Empire Flippers do not want junk or scam listings to tarnish their reputation. This intensive check ensures that the buyer is purchasing a quality asset.
For first-time listers, there is a $297 vetting fee to filter serious sellers;— this fee is 100% refundable if a listing gets rejected. The vetting process can take around a week. New listings are posted once a week on Mondays at 7 am EST, and an email blast to over 45,000 people shares the newly available listings; after that, the Listing Terms are made — for the seller.
It must be remembered that since Empire Flippers is a brokerage agency, they earn income from charging a selling commission. Their commission breakdown is often provided — based on the final selling price, not the listing price.
Their basic commissions are as follows:
- 15% for businesses that sell for up to $1m
- 12% for businesses that sell from $1m – 2m
- 10% for businesses that sell from $2m – 5m
- 8% for businesses that sell at $5m+
In most cases, Empire Flippers will ask for 6 months of exclusivity rights on the listing — this means the business cannot be listed with another broker during this time since they put ample work into the listing on their end. When a business is listed for sale, the seller must sign a non-compete 3 years agreement — no cost to the buyer for purchasing a business.
What If You Are A Flipping Business Marketplace Buyer?
On the one hand, a Business Buyer Inspection will take place. Once a potential buyer has found a listing they are interested in, they must put a 5% deposit on the listing to gain access to the URL, P&L, and Analytics. This 5% despot is fully refundable — a credit card can be used, but it prevents URLs and businesses from becoming overexposed by non-serious buyers.
The prospective buyer will be given an Excel document that shows all income streams of the business, as well as expenses. Equally important, the Business Seller Inspection will also take place in the next stage. The document also easily shows users and page views for each month — this can be confirmed by accessing Google Analytics and other data metrics.
This phase is crucially important since it’s the buyers’ job to do their due diligence and ensure they purchase a desirable asset. If the business looks appealing, a conference call will be set up that allows an Empire Flippers representative to create a conversation between the buyer and seller. During this call, the buyer can ask any questions during the processing stage.
For example, you can ask questions arising when looking through Google Analytics and at the P&L, along with any other business questions, so that you can get the most appropriate details and correct data information to make informed decisions.
The Empire Flippers Overall Buyers And Sellers Marketplace Inventory
Once a decision to purchase the business has been reached, there are two options the buyer can take. Technically, purchasing the business at its listing price is the first option. Meaning that once Empire Flippers receive the funds, the website is marked as sold, and no other buyers can make an offer. The second option is to counteroffer at a lower price.
Any savvy business person submits a counteroffer unless the listing is too good to risk giving up. Once the buyer and seller have agreed upon a counteroffer, the offer is circulated to all other parties interested in that listing. Another buyer has 24 hours to submit an offer that is 10% greater than the agreed-upon offer in order to purchase the listing (we’ll discuss more).
After the buyers’ funds have been transferred to the Empire Flippers account (we did a wire transfer), the sale is deemed closed, and migration begins. Migration can be a lengthy process taking 2-3 weeks, depending on the complexity of the transferring revenue streams and accounts. Empire Flippers is a “Done-For-You” service, which means they handle everything.
Including account migrations between the seller and buyer. They ensure migration is successful and that the buyer is receiving income. If, for some reason, the buyer finds that information about the business was not reported correctly, Empire Flippers protect them. Additionally, the sale can be reconsidered if the business earns less than 50% of what it was stated to earn.
Eventually, this may make you feel very comfortable as a buyer, but when handling any flipping business, it’s the right thing. Moreover, during the migration, all communication is handled between Empire Flippers, the buyer, and the seller in a “Zendesk Support” ticket.
The Best Practice Methods To Win Over Empire Flippers Marketplace
Making a website is not such a difficult task, but selling a website or even a business online is hard. Although, not with Flippa! How is your reaction now that you know you can make money through website flipping? Website flipping business is an expanding technology that has made money-making easy to do the task. Furthermore, it just requires some hard work!
But it also requires lots of smart moves for it to work effectively. And in any case, there are so many ways you can turn your interests and skills into real cash online. And in that case, working from the comfort of your home. When buying a site with a consistent income, you can profit while enhancing it. This means that; you can then sell it off for more than you bought it for.
(A). Basic Website Flipping (Beginners Term Investment)
Whilst not necessarily “flipping,” it is still a valuable business model that should be discussed. Essentially this is to build a website from scratch. And generally, doing some promotion and selling it once it has traffic. This method takes more time but gives greater control over choosing the direction and setting up an interesting area of the website.
(B). Standard Website Flipping (Medium Term Investment)
Essentially you buy a fixer-upper website with some potential, enhance it as quickly as possible and sell it at a higher price. However, the choice of a website is the most important element here. Above all, this is the most common flipping business model that can help you gather more useful information.
(C). Advanced Website Flipping (Long Term Investment)
Always remember, many people buy a website for its proven monthly recurring income. And then develop that website as a long-term investment. This type of investor will hold onto the site for years while profiting from its income capacity. And thereafter, selling the website once it reaches a market threshold for an increased price. However, this requires more money and requires plenty of patience and skill.
Summary Notes:
Website flipping businesses are rising, especially through the Flippa online platform. Not to mention, website-flipping businesses in regard to online digital marketplaces will be one of the fastest-growing online markets in the coming years. Essentially the market always existed but was overshadowed by its compatriot domain name flipping.
As it becomes harder and more expensive to enter the domain name-flipping industry, website flipping is poised to become the next big thing. Everybody fantasizes about being a millionaire either by hook or by crook. But, very few are able to accomplish their dream. If someone doesn’t get the right guidance, they’ll go off their way and ultimately give up.
For your information, website flipping has two main benefits over other industries. Conversely, a website flipping business has a lower capital investment than a property or domain investment. On the other side, there are income possibilities whilst “enhancing.” Although other investments are usually stagnant, the website flipping business is completely different.
They are not making any money until the investment is sold. Of course, with the right web development solutions, making a website is not such a difficult task. How is your reaction now that you know you can make money through website flipping? Well, the website flipping business is an ever-expanding technology that has made money-making easy to do the task.