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Buying a Service Business
A service business can take many forms.
Maybe you need a website designed for you or a batch of new SEO content. These are the kind of skills a service-based business can offer. This service cuts out the work for the customer and offers them a high quality, done for you service.
Many people buy into this business model because of its scalability. The business owner doesn’t have to be an expert in the service they offer; they can hire people to do that for them. Some service businesses we have for sale already come with a team of employees.
This means you can take on as many clients as you can find. When starting a service business from scratch, it can take time to build your brand name and attract clients. Buying into a business allows you to skip these difficult steps.
All the service businesses on our marketplace already turn over a profit and have an earnings history of at least six months.
How to Buy a Service Business
To make the most of our marketplace, you need to sign up for an account.
This gives you full use of the filter features, which means you can sort the results based on details like creation date and monthly net profit. You can also save listings to your watchlist if you’re interested in several businesses.
Using these features makes it easier to outline your potential targets. We’ve split each listing up into sections, including assets, opportunities, and risks, to help you decide if you want to buy the business.
If you don’t find a business that suits you, check back every Monday to see the new listings. To be one of the first to know about new listings, sign up to our mailing list, and they’ll be delivered straight to your inbox.
To find out the last few details about a business, you can unlock the listing. If everything looks good, then you can set up a call with our sales team or the seller to answer any last questions.
This should give you the confidence to go ahead and purchase a service business.
What to Look For
If you want to find out more about a listing, the listing description will give an overview of how the business is run, including how it drives traffic and whether it has any employees.
Maybe you can spot something about the business that you could improve. Increasing the net profit of a business speeds up your return on investment and creates an even more valuable asset. This means you could sell it on for a profit.
Not everyone is interested in flipping businesses, though. A business’s listing will inform you of the work and hours the current owner is putting in, which makes it easier for you to find a business you can run hands-off, allowing you to collect the profit.
“ My clients & I have done countless deals with them and they do an awesome job for both the buyer and seller in each transaction. ”
Ace Chapman AceChapman.com
“ Some of the huge fears actually are that the numbers could be faked. Empire Flippers are validating that the real revenue is there, the real profit is there. ”
Travis Jamison Founder of Smash Digital and Smash.vc
“ There are so many things that can go wrong selling your site and even as a buyer. They are facilitating that whole process for you, it’s so hands off and it’s worth every penny in my opinion. Let them guide you through the process, you’re gonna love the results. ”
Rob Atkinson togethertowherever.com
Charlie Ives TheTradingTravelers.com
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