Have you been stuck on these questions about putting up your eBay business for sale?
- Can You Buy An eBay Business Account For Sale?
- How about selling an eBay Business?
- How much is my eBay business worth?
Lots of questions, but here it goes.
Yes, you can buy an eBay business & yes, you can also sell it as well.
Why would someone want to sell their eBay business anyhow?
It can be for many reasons of course: owner wants something new, owner wants out of the business, owner wants to retire, etc.
Buying an eBay or PayPal business should be done by a third party with the consent of eBay.
eBay doesn’t particularly like transferring business due to security risks; however, people do it anyway.
When buying, use escrow to minimize risk on both ends.
In terms of selling, you can sell the business based off total profit. It can be sold for 1 year total profit and up to 4 years of total profit.
When selling your eBay business, make sure to also go though a third party source.
What To Look For When Buying Your First eBay Business?
Make sure they have a good history of feedback, customer reviews and DSRs.
You don’t know how many times we have tried to buy business accounts only to find out that they are a hot mess.
Disputes left & right, non paid seller fees, vendors not being paid, items not being shipped out in a timely manner or at all for that manner.
If the seller can give you an inside glimpse of the business, it would greatly benefit your buying decision.
A business that has history of negatives and lost profit is a money pit and should be avoided at all costs.
You want to go for a business as that has a long history of consistent selling, good reviews & active to say the least as of recent.
There has been instances where businesses aren’t active since 6 years ago. When we started to sell on the account, we were hit with a selling limit.
After shelling out $10,000 for a eBay business account on sale, let’s just say, that was a bad deal.
We had a selling limit of 100/$5000 a month. At that price, we could have got 30 accounts at that selling limit.
Avoid Powersellershop, Topratedaccounts & StealthSuccess
Seriously, do some google searching and you will find bad reviews about them. If you cannot find any, chances are they have deleted them on their Facebook.
It has happened on numerous occasions to mask their activity. They are worthless and a complete scam.
Since they are located in a different country, the USA law doesn’t apply to them.
If you had bought from them and try to recoup your money, you’re out of luck.
Many buyers wanted to pay via credit card, but they would simply decline and demand you to use a payment method where you are offer no level of security.
To be frank, stay as far away from them as you can. They will get their just desserts sooner or later.
In wrapping this up, take all the necessary steps and do your due diligence when you decide to buy an eBay business.