I own a website selling items and dont have the time anymore where can i sell it?

Well basically you need to look at this as selling your whole business to another entity. As you correctly pointed out that you cannot just sell your domain in order to keep the business running. Now in the case of buying your business, this can be done by talking to business people in the Sex toys industries. This would mean your competitors. You can offer them an option of selling your business along with the brand name. The advantage of this is that they have a ready and functional website that is already doing fantastic business and can generate a large amount of revenue saving them a potential start up cost ( which includes: making a website + Promotion etc). You could also talk to potential investors who would want to takeover your business. This is surely a little time consuming and does require a good amount of patience and networking. The idea of investors is just in case you don't find success in finding a potential buyer for your company. It is very true that existing businesses would be initially reluctant to indulge into your idea, because they would immediately get the idea that the business is not doing well or there is potentially a fault in it or else why would someone actually sell a money making business. There is always a dilemma whilst selling a business to convince them the reasons of doing it. I would suggest you to prepare your pitch to every detail prior to meeting the potential buyers. Now about approaching the amount of buyers, You have to be very selective whilst doing so. The reason for this is that, word travels very fast in these industries. Don't approach to retailers or businesses who you think would not have the capacity of buying out your business as they would add negativity to it and potentially exploit you too. You have to be clear that you are now wanting to sell this business and not wanting assistance for running it. So you would need to hire a good lawyer who would draft an agreement for you with every detail taken care of. My experience with agents in doing this work has not been that great. It did tend to slower my process and just kept on giving false hopes. Advertisements in the right places is also very important. If your going to put your advertisement over Ebay or Amazon then don't expect the heavens out of it. You would be selling your website name to someone in Asia and that too for dirt cheap. Try putting an advert in the financial news papers or something. About your valuation of the business, you can figure it out by analyzing your turnover over the past three years and potential forecasts. There are actual professionals who would do an precise calculation for you but it depends on how big your company is and how much are you willing to spend in getting the best returns out of it. Once you have achieved to know how much your company is worth, you will be able to confirm this whilst your talking to potential buyers. So when your quoting prices, you would be able to see how much people are really to pay for this. There is definitely a lot of care needed whilst doing this whole process. Do not under estimate the seriousness of every detail of it. Maybe the first step for you to do is to get all your paper work in place. That means figure out every detail that you need before you actually go and talk to potential buyers. Hope this helps. Good luck

Speaking to Business Link is a good idea. They're very helpful. If you find it difficult to sell the business, think about paying someone to run it for you. You can still keep overall control of the business but use someone else's time to promote it and fulfil orders. Write down the processes for running the business and you have something that someone else can pick up. Good luck!

how much are you looking for it,Hi i might be interested in your web site,can you send me some more information please privatley thanks

I think that the problem might be in convincing people that it is a really viable business because just responding to what you said, if its truly lucrative then why has it remained a profitable but nevertheless still just a 'hobby' business (no disrespect intended!)...In other words sex toys is a big market and there is a lot of competition....A buyer would want to know that it could grow. There is nothing in your message that indicates that there is scope for scaling things up.

1. Contact your local Business Link. This is a business advice service for small businesses, which is free, paid for out of tax money. As a small business, you are entitled to a few hours of free help. Use that help to get advice on how to sell your business. 2. Find all the adult shops near you, find out who owns them and try to to sell your business direct to the owner. Obviously you approach several of them and get them bidding against each other - that's how you fnd out the true value of your business. 3. Use a lawyer to act in the actual sale. You give him the passwords to the website, and he does not hand them over till the money has been paid in full. Like buying/selling a house really.

1. Contact your local Business Link. This is a business advice service for small businesses, which is free, paid for out of tax money. As a small business, you are entitled to a few hours of free help. Use that help to get advice on how to sell your business. 2. Find all the adult shops near you, find out who owns them and try to to sell your business direct to the owner. Obviously you approach several of them and get them bidding against each other - that's how you fnd out the true value of your business. 3. Use a lawyer to act in the actual sale. You give him the passwords to the website, and he does not hand them over till the money has been paid in full. Like buying/selling a house really.

Speaking to Business Link is a good idea. They're very helpful. If you find it difficult to sell the business, think about paying someone to run it for you. You can still keep overall control of the business but use someone else's time to promote it and fulfil orders. Write down the processes for running the business and you have something that someone else can pick up. Good luck!

I think that the problem might be in convincing people that it is a really viable business because just responding to what you said, if its truly lucrative then why has it remained a profitable but nevertheless still just a 'hobby' business (no disrespect intended!)...In other words sex toys is a big market and there is a lot of competition....A buyer would want to know that it could grow. There is nothing in your message that indicates that there is scope for scaling things up.

how much are you looking for it,Hi i might be interested in your web site,can you send me some more information please privatley thanks