Selling an ebay business?
I am still working on opening a stealth seller account but from reading everything on the board and from all of ebays bull**** it just seems inevitable that it will get suspended again. I don't think I have the patience to build a customer base one month, get suspended and have to start all over a month later year in and year out.
I don't sell illegal, restricted or high priced items, I was suspended from ebay for a bull**** 10$ t-shirt which was already being sold all over ebay, it is still being sold to this day actually. From my families resources as wholesalers and export/import I always had the lowest prices BY FAR on ebay but at the same time I don't even sell anything if I am not at the very least going to triple what I paid for the item and in most cases much more. It leads me to believe that it was my competitors who were ultimately my undoing on ebay, as I had several threatening emails from them. I could basically source any item they were selling and get it much cheaper, of course they didn't like this and I don't doubt for a minute that they plotted against me using ebays bias and faulty policies.
So this leads me to ask, what is the feasibility of selling my ebay business? I don't have exact numbers on my inventory but if I had to estimate I would say it worth about 30k wholesale, not retail. I could provide the buyer with all my pictures, my sources for each product, templates, all my inventory of course and equipment.
I could show proof through my paypal withdrawals and my invoices for items purchased that I was making 3-6k per week at about 70% profit. I was making that WITHOUT auctions, just through my ebay store. I didn't have time to list and keep up with auctions because of my college schedule, with the advertising that auctions provide I could have easily doubled that revenue, along with the 1000's of other products my sources provide that I didn't take advantage of because I didn't have the time.
I wouldn't even ask for a profit, just to get even....something like 25K, which would be enough to get the terrible burden of my credit card debt and tuition off of my shoulders.
I guess I already know what the response would be, nobody would ever pay that much for an ebay business but perhaps someone has expierence with this and can give me some insight.
Thanks,
Frank
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