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  #23  
Old 09-23-2016
Haidukken's Avatar
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Default Re: thinking of buying an ebay store.. how do I know it's value

Quote:
Originally Posted by yankee View Post
Does inventory and supply come along with said account?
This.


Surely its not THAT difficult to figure out if its worth the money:

Do you get the stock?
Do you get suppliers, with contracts?
Do you get Paypal?
Do you get a business that is generating profit? How many years would it take to get back your money?

If you don't know **** about the category- Really think if its worth it. Its easier to buy a store that you have interest in and know some aspects about your stock, potential customer and how you should grow the business in the future.


Also, what stops him from opening a new store and making your life difficult by using same suppliers and his contact in the business?

So many questions, but all very simple and basic business 101 stuff.
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  #24  
Old 09-23-2016
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Default Re: thinking of buying an ebay store.. how do I know it's value

Quote:
Originally Posted by Haidukken View Post
This.


Surely its not THAT difficult to figure out if its worth the money:

Do you get the stock?
Do you get suppliers, with contracts?
Do you get Paypal?
Do you get a business that is generating profit? How many years would it take to get back your money?

If you don't know **** about the category- Really think if its worth it. Its easier to buy a store that you have interest in and know some aspects about your stock, potential customer and how you should grow the business in the future.


Also, what stops him from opening a new store and making your life difficult by using same suppliers and his contact in the business?

So many questions, but all very simple and basic business 101 stuff.
Non compete agreement. Anyone that wouldn't draw up such a contract, doesn't deserve to have a business.
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