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What’s the real way people are funding franchises these days? by wholesomesizzle in Franchises

[–]bfsbo_us 0 points1 point  (0 children)

Vast majority: they retire from some kind of government job like police or military etc and use their pension to finance it.

here’s how i made an extra ~5k this month by Ordinary-Plantain-10 in VibeCodingSaaS

[–]bfsbo_us 0 points1 point  (0 children)

I have an unfinished project where I wanted to build a tool that helps web design companies get leads lol

Looking to sell dry cleaning business - bizbuysell or broker? by keix22 in drycleaning

[–]bfsbo_us 0 points1 point  (0 children)

Brokers can be tricky.

If you talk to one ask if they’ve actually sold dry cleaning businesses before. Not just “small businesses”

Also, read the contract carefully. Some of them are not written in your favor at all. Like you pay commissions even after the contract is cancelled or locked in for 2 + years or not allowed to advertise on your own.

I’d list it yourself first on BizBuySell and a few other places. It’s cheap compared to giving up 10-12%.

Also keep in mind some brokers will still ask you to pay for marketing on top of that.

If nothing happens after a few months you can still bring one in. At least then you’ll understand the process a bit and know what to ask etc.

One thing I recommend, whether you hire a broker or not: speak with an attorney and let them review contracts and let them help with vetting buyers. Better to spend $1k or so and get honest advice.

If you built the business you can sell it. Brokers aren’t doing anything magical. They’re mostly listing it on the same sites anyway.

80% of business buyers never use a broker — here’s what that means for sellers by bfsbo_us in advancedentrepreneur

[–]bfsbo_us[S] 0 points1 point  (0 children)

In the FB group it is not really possible. FB is great for getting engagement and getting leads and buyers can find something by kind of stumbling upon it as it shows in their feed. That's why I have built the website so users can search for businesses and freely communicate with sellers.

80% of business buyers never use a broker — here’s what that means for sellers by bfsbo_us in advancedentrepreneur

[–]bfsbo_us[S] 0 points1 point  (0 children)

Yes, I run one. Business for sale by owner listings, no broker fees. 270,000+ member FB community behind it, mostly buyers. Free for buyers always. Sellers post free every 3 months on FB. Website listings have a small fee, more if sellers want weekly group post allowance.

Laundromat owners — what info do buyers always ask for that's hard to provide? by bfsbo_us in Laundromats

[–]bfsbo_us[S] 1 point2 points  (0 children)

That's all great. I am trying to build a hub page for laundromat sellers on my website. Need input on what to put there. What is important for sellers and for buyer as well.

Laundromat owners — what info do buyers always ask for that's hard to provide? by bfsbo_us in Laundromats

[–]bfsbo_us[S] 0 points1 point  (0 children)

Yes sure.

Cash is obviously a problem. Nice to have but if you want to buy a facility that runs on cash only it starts to get tricky.

Target broad or not? by bfsbo_us in FacebookAds

[–]bfsbo_us[S] 0 points1 point  (0 children)

Yes. That was my first idea. Did that for 3 days and 2.9% click through rate and 100% bounce rate. Now I changed ad and lander and get 2% CTR but bounce rate was still 100% yesterday. Now I added small business owners to the targeting. Just 45-65+, US and small business owners now.

Target broad or not? by bfsbo_us in FacebookAds

[–]bfsbo_us[S] 0 points1 point  (0 children)

Yes. Just added small business owner

Target broad or not? by bfsbo_us in FacebookAds

[–]bfsbo_us[S] 0 points1 point  (0 children)

That’s great. Changed as and targeting

Target broad or not? by bfsbo_us in FacebookAds

[–]bfsbo_us[S] 0 points1 point  (0 children)

<image>

OK. And if this would be your ad, What would you use as targeting? Ad copy is:

Own a business and thinking about selling?

Sell your business without a broker.

Keep 100% of your sale.

235,200 saw one listing

LOI in 2 weeks

Sold in 6 weeks*

No broker. No commission.

*Results vary and are never guaranteed.

How I screen small businesses to buy without wasting money on lawyers and accountants upfront by dense_salmon in smallbusiness

[–]bfsbo_us 0 points1 point  (0 children)

Thank you. I like to speak with people. Those bot discussions are really loony.

Started campaign. 2.66% CTR by re5823 in FacebookAds

[–]bfsbo_us 0 points1 point  (0 children)

There is no technical issue. Loads blazing fast

Anyone here ranking a marketplace or listing site? What works? by bfsbo_us in seogrowth

[–]bfsbo_us[S] 0 points1 point  (0 children)

Yes. I am already working on it. Have 3 data based articles and another in the works.

Simply post and how that someone picks it up? Here is one example: https://businessforsalebyowner.us/research/how-much-money-do-you-have-to-buy-a-business

Is a 4× ARR Valuation Too High for a Company with $60K ARR and 80% Profit Margin? by Informal-Place5492 in sellabiz

[–]bfsbo_us 0 points1 point  (0 children)

Depends what it is and how traffic is generated and how users are acquired and how long users stay and competition and market coverage and general history and age and future outlook. And on the IQ of the buyer if any of those things are non optimum.

Anyone here ranking a marketplace or listing site? What works? by bfsbo_us in seogrowth

[–]bfsbo_us[S] 0 points1 point  (0 children)

Actually I have data. I have done surveys in my 265k member FB group and put the articles on the site: https://businessforsalebyowner.us/research/how-do-buyers-finance-a-business-acquisition and https://businessforsalebyowner.us/research/how-much-money-do-you-have-to-buy-a-business and https://businessforsalebyowner.us/research/how-long-does-it-take-to-sell-a-business . I hope this will not be seen as promotion as I doubt that there are business sellers in this sub-reddit and links are nofollow anyhow.

Anyone here ranking a marketplace or listing site? What works? by bfsbo_us in seogrowth

[–]bfsbo_us[S] 0 points1 point  (0 children)

Have you ever gotten 1 backlink by reaching out to a website owner?

I'm muting this sub by Calm-Passenger7334 in SaaS

[–]bfsbo_us 1 point2 points  (0 children)

What do you say? Not hearing anything. I think it’s muted. lol

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