What is Empire Flippers? Empire Flippers Review

FAQ

Q: Are online businesses selling for less than the listing price?

A: Buyers can make an offer on the seller's website or business at full list price or below list price. Empire Flippers will make the offer to the seller, who can choose to accept or make a counter-offer.

Sometimes the seller and buyer may want to meet in the middle and work out a financing plan. For example, 85% of the listing price upfront and 15% of the listing price within four months.

Q: How long does it take to sell a business through the marketplace?

A: This depends on several factors, including what platform the website is built on, how much work is required, how transferable the monetization strategy is, how much process documentation has been completed, etc. Empire Flippers requires a minimum of 2 months of exclusivity to list and sell the seller's online business. Empire Flippers can provide the seller with a professional valuation after reviewing/vetting the seller's business for sale, but because every business is unique, Empire Flippers' estimates are educated guesses and not an actual timeline for a sale.

Q: How do sellers price their businesses?

A: Online businesses are sold at multiples of monthly net profit. Empire Flippers typically takes the average of the net profit for the past 12 months and multiplies it by a multiple (20x to over 60x) to determine the price. If the business has assets, Empire Flippers will add the wholesale or discounted value of the assets on top of the multiple.

Example 1: A content-based AdSense website has a net profit of $24,000 over the last 12 months. Empire Flippers will take the monthly average ($2,000) and use a multiple (let’s say 28X) to determine the price. ($56,000) In this case, the seller will receive 85% of the final sales price or $47,600.