Marketplace for Closing/Distressed Small Businesses

An online marketplace like BizBuySell but specifically for business owners who have resigned to just locking the doors and walking away. Buyers get cheap access to customer lists, equipment, leases, and other business assets. Could use auction format. Seed listings by scraping BizBuySell for 365+ day old listings.

Startup Budget

$5K – $50K

Difficulty

Intermediate

Business Type

Online

Location

Online Only

Time Commitment

Full-time

Revenue Potential

Transaction fees on each deal, potential for high volume as baby boomers retire

Skills Needed

web developmentmarketplace operationssalesbusiness brokerage knowledge

Watch the Full Breakdown

Marketplace for Closing/Distressed Small Businesses — YouTube thumbnail

Watch on YouTube — Chris Koerner

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