Empower Your Purchasing Process with Automated Selling for Purchasing

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there are two things an e-commerce business needs to be successful one is product market fit two it needs to be scalable and almost everyone underestimates how hard it is to achieve those two things with an e-commerce business i mean aren't we now all at least sick of all these people on these ads telling us how simple and easy it is to start an online business the facts say it's not easy in fact in 2019 the small business administration completed a study showing that ninety percent of all startups far so let's be smart about this let's go away and buy an e-commerce business one that's found product market fit one and is secondly scalable and has a proven track record of making money every month and there's a boatload of these businesses out there for sale and making passive income already and that's what i want to do in this video is i'm going to show you exactly where to find these e-commerce businesses that are for sale how much they cost to actually buy how much they make per month and how many hours it takes us to run these actual e-commerce businesses also if you stay at the end i have a free gift for you i'm going to help you buy one of these ecommerce businesses with this free gear so it's valuable and you're going to want to stay at the end for this now before we get stuck in i want to say like i've bought ecommerce businesses myself and i've taught many people to buy e-commerce businesses that are making a few thousand dollars per month up to tens of thousands of dollars to hundreds of thousands of dollars per month and after looking at hundreds of these e-commerce businesses i now know exactly where to find the best businesses for sale and what i recommend people do is they go to website brokers now website brokers are the best place to buy online businesses and specifically e-commerce businesses because brokers have their reputation at stake they're not just gonna find any our business and listed for sale and possibly ruin their reputation by selling a dud business and getting some bad press so i like to use website brokers and i want to list out a few of those now one we have empire flippers they're great i've bought from empire flippers before and my clients have fe international i've had many clients buy from feinternational.com we have the fba broker we have quite light and we also have exchange marketplace now exchange marketplace is a marketplace where people who own their own shopify sites can sell their own shopify sites themselves without going through a broker so there are a lot of dodgy listings there and you need to really sift through a lot of them to find the diamond the rough and what i did is i created a video explaining how to buy a website business off exchange marketplace and not get scammed so check that out if you're interested in looking exchange marketplace now i also want to ask you do you know anywhere else that you can buy website businesses from please comment below if you know any other brokers that i didn't list or you know anywhere else that you can buy these ecommerce businesses from now what i want to do is i want to share my screen with you and show you where we can buy these see how much these businesses are actually making how much they're for sale and how many hours it takes to run these actual website businesses first up let's look at empireflippers.com what you want to do is click on marketplace and then you can go away and look at all these different website businesses they have for sale a lot of them are ecom and they have different business models as well but here is you want to check out how much these businesses are selling for and then how much they're making an average monthly net profit and then what the multiple is so the multiple is the average monthly net profit times the multiple gives you the price so this amount times 46 127 891 dollars times 46 will give you this amount now most people that are starting out aren't going to buy a business for five million dollars or a million dollars most people are starting around that ten to fifty thousand dollar price range or ten to a hundred thousand dollar price range so that's what we're going to do is we're gonna look at those businesses so here we have a lot of amazon associate businesses which is amazon affiliates so we want to find an amazon business that is fba or another e-commerce type business so we have one here which is a supplements business this business is for sale for eight hundred one dollars and the average monthly net profit or average monthly net revenue is thirteen thousand one hundred and sixty eight dollars which is the amount that you can make in revenue and that after expenses which is the average monthly net profit is two thousand one hundred and forty one dollars so that's the difference the expenses are you know whatever the difference is between those and what they're doing is they're asking for 34 times so 34 times this monthly average net profit will be this amount so that's how much you can make per month from it in net profit now let's try and find out how many hours per week it takes to run this business as you can see it's a two-year-old business which is good we want to scroll down and see what we can look at and see if they actually tell us how many hours per week it takes to run the business so the seller currently spends around two hours per week to run the business monitoring sales restocking inventory negotiations with the freight forwarders and then financial forecasting probably with an accountant or something like that so there's a lot more information i won't go through in this video for you but the point is to show you that some great e-commerce businesses i mean you could buy this for 72 000 and you can make two thousand dollars net profit per month i think it's two hours of work per week so that's eight hours right so your average hourly rate is 2141 divided by eight if you work that out that's a good hourly rate and it's a great investment so that's empire flippers now let's look at fe international they have a business here which is a subscription box e-commerce business so children's craft kits will check out they're asking for 200 000 for that business and that business is making so asking price two hundred thousand dollars and they're making a yearly net profit of 128 000 okay so you can see that you could earn more than 50 return on your investment back on this business per year right so times that by two you've two years you've made more than how much it cost you to buy the business which is really really cool so more than a 50 return on investment per month and then let's look at how it doesn't really give us too much information here on how long it takes to run the business but i dare say it's not too many hours maybe 5 to 10 hours per month but if you're taking over this business i suggest spending a little bit more to ensure that you can scale it as well but here's proof of concept here's proof that they've got a subscription box that people actually want to purchase and they're making three hundred thousand dollars a year from it and net profiting 128 000 which is pretty awesome next we have another broker here which is quite light brokerage and they sell businesses up in the 20 million down to you know the hundred thousand dollar price range as well and here's another fba business here let's look at this one this one's 170 well look at this hundred and twenty thousand dollars and their revenue per year is 137 000 and their net income is per year is 40 000. so it's a 2.92 multiple which is a roughly around three years to get 100 return on your investment back so you're getting about a 33 bit more maybe 33 to 35 return on your investment per year but owning a business like this that only has three stock units which is pretty cool it doesn't say how much time it takes to run a business like this but i wouldn't say it's it's too long but there's a different place you can buy a business from then you also have the fba broker and lastly we have e-commerce websites that can be bought through exchange marketplace.com so there you go guys there's a bunch of different places you can buy website businesses from but lastly you'd be insane to go away and buy one of these businesses without doing proper due diligence so i mentioned to you before that i had a free gift for you and i want to make sure you go away and do yourself a favor and get my very own due diligence framework and this framework i have used many times to buy my own businesses and i and all my clients have used this to buy ten thousand dollar businesses up to one million dollar plus businesses so if you want my due diligence framework that's my free gift to you go below click the link in the description and you can get my judeans framework and this just takes the guesswork out of buying an online business and it asks all the questions that you need to be getting the answers to to make sure you go away and empower yourself to make a good investment decision youtube watcher what's up it's jared kraus here firstly thank you so much for watching and i hope you're doing super good i also want to ask you please subscribe because my commitment and exploration on youtube is about to explode i'm talking stories polls more amazing content more engagement i comment on everything that you guys comment below so please comment any comments you have or any questions you have for me and i've got some more great surprises and delight coming so this is a great time to subscribe and i hope you consider it and i hope to see you soon hey youtube watcher if you thought that video is good you should check out this video here on the two best types of websites beginners should buy or check out my playlist on how i made my first 100k from buying websites and how to do due diligence check it out it's an awesome playlist you'll enjoy