Selling Amazon business (net $10k last month)

[jwcooke]

My name is Justin Cooke and I'm one of the partners at the brokerages mentioned in this message. (Empire Flippers)

Just jumping in here, but I just wanted to clarify a few things about buying/selling online businesses.

First - we actually accept payments and can payout sellers in Krypto. It's typically done in BTC or ETH, but we've also paid out in Monero. If it's on the Kraken exchange, we can receive/send, basically.

Next - I think you're in for a bit of a challenge here if you're looking to sell your business. Most people are going to want more than some screenshots to send you 5-figures. One of the benefits of going with a broker is that they have a set/specific process they go through over and over again, have an audience of interested buyers baked in, and offer protections for both the buyer/seller to smoothly transfer the funds/business through escrow. Not providing that may prove a challenge...and risky for any buyers.

Lastly - if we're listing a business on our platform, it's gone through a fairly rigorous vetting process. It's true that it takes a bit longer (2-4 weeks), but it ensures a level of quality our buyers have come to expect. If you absolutely MUST sell the business in 1-2 weeks maximum, this is likely the only way...but your chances are slim, IMO, and you definitely won't receive full value, assuming it's a quality business.

[spunkybd]

Yea, It seems a few people here are not familiar with the sale of a business. You can check the brokerage sites I listed to help you understand. None of them share the actual business upfront to non serious buyers, that would be foolish as someone can attack it, copy it, try to steal it etc

Anyways, I have showed live proof of revenue and proof of activity in the dashboard to the serious people who showed me proof of funds via signed message. Its still for sale if anyone is interested in owning an income generating business that could also be listed on brokerage site and resold for a profit.  

All of those can be spoofed on your end. They could all be your funds going in and out of the account too. Posts like this should be auto banned before they even get this far.

My name is Justin Cooke and I'm one of the partners at the brokerages mentioned in this message. (Empire Flippers)

Just jumping in here, but I just wanted to clarify a few things about buying/selling online businesses.

First - we actually accept payments and can payout sellers in Krypto. It's typically done in BTC or ETH, but we've also paid out in Monero. If it's on the Kraken exchange, we can receive/send, basically.

Next - I think you're in for a bit of a challenge here if you're looking to sell your business. Most people are going to want more than some screenshots to send you 5-figures. One of the benefits of going with a broker is that they have a set/specific process they go through over and over again, have an audience of interested buyers baked in, and offer protections for both the buyer/seller to smoothly transfer the funds/business through escrow. Not providing that may prove a challenge...and risky for any buyers.

Lastly - if we're listing a business on our platform, it's gone through a fairly rigorous vetting process. It's true that it takes a bit longer (2-4 weeks), but it ensures a level of quality our buyers have come to expect. If you absolutely MUST sell the business in 1-2 weeks maximum, this is likely the only way...but your chances are slim, IMO, and you definitely won't receive full value, assuming it's a quality business.

Awesome response and thanks for the information. Cool to see there is an easy way to ensure safety. He's wasted 5 days on this site and could be through with one of the 4 weeks it takes to close a deal there already.

[fjtropepe]

Yea, It seems a few people here are not familiar with the sale of a business. You can check the brokerage sites I listed to help you understand. None of them share the actual business upfront to non serious buyers, that would be foolish as someone can attack it, copy it, try to steal it etc

Anyways, I have showed live proof of revenue and proof of activity in the dashboard to the serious people who showed me proof of funds via signed message. Its still for sale if anyone is interested in owning an income generating business that could also be listed on brokerage site and resold for a profit.  

All of those can be spoofed on your end. They could all be our funds going in and out of the account too. Posts like this should be auto banned before they even get this far.

My name is Justin Cooke and I'm one of the partners at the brokerages mentioned in this message. (Empire Flippers)

Just jumping in here, but I just wanted to clarify a few things about buying/selling online businesses.

First - we actually accept payments and can payout sellers in Krypto. It's typically done in BTC or ETH, but we've also paid out in Monero. If it's on the Kraken exchange, we can receive/send, basically.

Next - I think you're in for a bit of a challenge here if you're looking to sell your business. Most people are going to want more than some screenshots to send you 5-figures. One of the benefits of going with a broker is that they have a set/specific process they go through over and over again, have an audience of interested buyers baked in, and offer protections for both the buyer/seller to smoothly transfer the funds/business through escrow. Not providing that may prove a challenge...and risky for any buyers.

Lastly - if we're listing a business on our platform, it's gone through a fairly rigorous vetting process. It's true that it takes a bit longer (2-4 weeks), but it ensures a level of quality our buyers have come to expect. If you absolutely MUST sell the business in 1-2 weeks maximum, this is likely the only way...but your chances are slim, IMO, and you definitely won't receive full value, assuming it's a quality business.

Awesome response and thanks for the information. Cool to see there is an easy way to ensure safety. He's wasted 5 days on this site and could be through with one of the 4 weeks it takes to close a deal there already.

He didn't waste anything. He is a coiled cobra waiting to strike.

[aBoss]

My name is Justin Cooke and I'm one of the partners at the brokerages mentioned in this message. (Empire Flippers)

Just jumping in here, but I just wanted to clarify a few things about buying/selling online businesses.

First - we actually accept payments and can payout sellers in Krypto. It's typically done in BTC or ETH, but we've also paid out in Monero. If it's on the Kraken exchange, we can receive/send, basically.

Next - I think you're in for a bit of a challenge here if you're looking to sell your business. Most people are going to want more than some screenshots to send you 5-figures. One of the benefits of going with a broker is that they have a set/specific process they go through over and over again, have an audience of interested buyers baked in, and offer protections for both the buyer/seller to smoothly transfer the funds/business through escrow. Not providing that may prove a challenge...and risky for any buyers.

Lastly - if we're listing a business on our platform, it's gone through a fairly rigorous vetting process. It's true that it takes a bit longer (2-4 weeks), but it ensures a level of quality our buyers have come to expect. If you absolutely MUST sell the business in 1-2 weeks maximum, this is likely the only way...but your chances are slim, IMO, and you definitely won't receive full value, assuming it's a quality business.

Awesome to see Empire Flippers is willing to accept and payout in crypto.

However, when I attempt to list on empireflippers its asking for credit card details only?

Also, I wont just send screenshots, I do live login screenshare proof, I am also willing to send login details. The business model I have is the safest and fastest to verify for sure. If you are interested, we can chat on skype/discords and I can go over more details. I see empireflippers have sold these types of businesses quickly so 2-4 weeks isn't ideal but I am willing to wait that long as long as your rigorous vetting process makes sense, which i'm sure it does.

As far as credit cards and fiat tho, I prefer crypto only and willing to sell at a loss for inconvenience. From seeing the sold empireflippers listings, I guarantee you wont be disappointed in this business.

[EricJH801]

+1 for this.  Amazon will suspend your account in a millisecond if they find out you sold your business and the new seller isn't using a new account.

Also you cannot change the EIN of the business and type of the business after it has been setup.

You could try and get tricky and if it's a corporation sell all the shares/etc but it's not recommended. 

Yea, It seems a few people here are not familiar with the sale of a business. You can check the brokerage sites I listed to help you understand. None of them share the actual business upfront to non serious buyers, that would be foolish as someone can attack it, copy it, try to steal it etc

Anyways, I have showed live proof of revenue and proof of activity in the dashboard to the serious people who showed me proof of funds via signed message. Its still for sale if anyone is interested in owning an income generating business that could also be listed on brokerage site and resold for a profit.  

But Amazon clearly states in the seller terms of service that an amazon seller account can not be sold. It states that upon the sale of a business that has a registered amazon seller account, the new owner must open up another seller account. Basically, the business is hinging in the fact that Amazon will not raise a brow when someone changes the address, bank account information, credit card and FEIN number (if registered in the US). And yes, that all is required information.

The curious part is YOU could be listing it on the brokerage sites and YOU could be getting the higher profit and then use that profit to pay someone over spot price for crypto. Instead though, I assert that you will sell the business to someone not as savy with Amazon or businesses in general, take their money, shut them down and then setup shop again. Hard to do that with fiat. Easy to not get caught with crypto. Close? 

[aBoss]

Again, you can see the brokerages marketplace which hundreds of amazon businesses are sold. Its not about the account its about the business.

Anyone willing to learn about selling/buying businesses wont have an issue with this.

[EricJH801]

That's fine and dandy as long as you aren't trying to transfer an Amazon account to someone else.  Good luck on the sale of your "business".

Again, you can see the brokerages marketplace which hundreds of amazon businesses are sold. Its not about the account its about the business.

Anyone willing to learn about selling/buying businesses wont have an issue with this.

[aBoss]

That's fine and dandy as long as you aren't trying to transfer an Amazon account to someone else.  Good luck on the sale of your "business".

Again, you can see the brokerages marketplace which hundreds of amazon businesses are sold. Its not about the account its about the business.

Anyone willing to learn about selling/buying businesses wont have an issue with this.

It will be done the way the hundreds of other amazon businesses are sold, no issues

[taserz]

Worth over $100k according to the market

https://empireflippers.com/marketplace/
https://feinternational.com/buy-a-website/
https://flippa.com/fulfillment-by-amazon/all

And just basic business metrics where you multiply the amount it nets a month.


This business is based anywhere. Its completely remote and I hold no inventory. I havent touched it in months and it still brings income everyday. I am willing to share more details to anyone serious and who provides proof of funds via signed message.

The reason I am selling at a loss is I want crypto and dont want to deal with going through the slower fiat exchange brokerage route. I figured this process would be faster but if no one is interested, I will go the longer route

You valuation is way off it is more like worth $50k

[fjtropepe]

Worth over $100k according to the market

https://empireflippers.com/marketplace/
https://feinternational.com/buy-a-website/
https://flippa.com/fulfillment-by-amazon/all

And just basic business metrics where you multiply the amount it nets a month.


This business is based anywhere. Its completely remote and I hold no inventory. I havent touched it in months and it still brings income everyday. I am willing to share more details to anyone serious and who provides proof of funds via signed message.

The reason I am selling at a loss is I want crypto and dont want to deal with going through the slower fiat exchange brokerage route. I figured this process would be faster but if no one is interested, I will go the longer route

You valuation is way off it is more like worth $50k

The Amazon business is worth no more than someones wants to gamble. Only a matter of time before it get shuts down.

[aBoss]

Worth over $100k according to the market

https://empireflippers.com/marketplace/
https://feinternational.com/buy-a-website/
https://flippa.com/fulfillment-by-amazon/all

And just basic business metrics where you multiply the amount it nets a month.


This business is based anywhere. Its completely remote and I hold no inventory. I havent touched it in months and it still brings income everyday. I am willing to share more details to anyone serious and who provides proof of funds via signed message.

The reason I am selling at a loss is I want crypto and dont want to deal with going through the slower fiat exchange brokerage route. I figured this process would be faster but if no one is interested, I will go the longer route

You valuation is way off it is more like worth $50k

My valuation is less than the marketplace which anyone can look and see the Sold listing section to get an idea what Amazon businesses have sold for.

I am selling for less(best offer) as I prefer crypto. Empireflippers Justin Cooke said they "accept payments and can payout sellers in Krypto", however, if you try to list your business on their platform they only accept credit cards. Maybe they do payout in crypto tho after credit cards. I hope to get a response if he ever logs back into bitcointalk.

So far this business is still bringing in income every day. I hope one day Amazon offers to payout in Crypto lol

[bitcoinlitcoinbtcltc]

Don't buy this guys.

[aBoss]

You can still buy this business as its still for sale and bringing in passive income

[jimmyb89]

still for sale?

[EricJH801]

Don't do it.  Amazon has strict policies for selling accounts and they manage to figure out that shit.  It's not worth it.

still for sale?

[generatorhd]

Why havent you shown picture proof?

[aBoss]

yes this is still for sale and still making me passive income. So I am not in a rush to sell it, but if someone got high 5 figures and want to buy it. sure. Its priced $10k cheaper than other amazon businesses on the other brokerages sites.

As I already said. If you show simple proof of crypto funds via a 1 min signed message. I will take the time to show you 10+ min of live proof of the amazon business income. And answer any doubts you may have. I have done this multiple times already with people. No issues.

Anyone competent enough can read my old replies and look at amazon businesses brokerages sites to understand how this works and why this opportunity is great.

[bill gator]

Would you have any interest in partnering with someone that has run an Amazon business in the past? I have experience in this field, but I'm not interested in outright purchasing an entire business. If I was going to go that route, then I likely would just build up my own business again.

I'm wondering though, if you would like someone to take some of the weight off of your shoulders for a cut of the profits. This means you would essentially be doing nothing, except for teaching me the particular nuances of your business model and watching it completely take off while you spend your time on more fruitful endeavors.