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How Do You Sell A Website? Call in the Professionals

Reviewed By Jason Guerrettaz

Written By Eric Pittman

Published January 16, 2015

Updated October 3, 2024

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How Do You Sell A Website? Call in the Professionals

 

 

After you’ve decided to sell a website, domain, or tech company, the next set of tasks can be riddled with fears, questions, and anxiety. Some owners choose to sell their digital business on their own. This might, at first, seem like a logical choice, but in the end, it often proves to be short-sighted and woefully unsuccessful.

Remember, what you’ve built could be valued at up to 50 times your net profit on a monthly basis—but that’s only achievable with the help of an experienced website broker. Today’s post walks you through the process of working with professionals to sell your website and how their expertise can make all the difference.

 

Why Sell Your Website

Before we further explore the answer to the question “How do you sell websites?” let’s explore the reasons why an owner would sell their online property.

Selling your website can be a smart decision for several reasons. If your website’s growth is stalling or its potential has peaked, selling to a new owner who can take it to the next level might be the right move. 

Financially, receiving a lucrative offer or needing capital for new ventures can also make selling attractive. Additionally, personal changes, shifting priorities, or new business opportunities may push you to explore selling. 

With the website market rapidly evolving and opportunities expanding, especially with AI tools, working with a professional broker can help you maximize your site’s value and ensure a successful sale.

How Do You Sell a Website

How do you sell a website to someone? In general, these are the steps to take when working with a professional to sell your website.

  • Prepare your financial statements.
  • Get a valuation from a business broker.
  • Improve the performance of the site and your business operations to increase its value.
  • Get it listed by your broker.
  • Allow due diligence and negotiate with the buyer.
  • Close the deal.
  • Train the new owner on how to operate the business.
  • Execute your post-exit plan.

Preparing Your Website for Sale

It’s not enough to tell your buyer that your website is earning X amount of dollars. You need to show it through your financials (such as monthly revenue and profit margin) and relevant analytics data.

You should at least have the figures from Google Analytics. But if you have other tools like Semrush or Ahrefs to show your site performance, it could be more appealing to an interested buyer.

Present data on traffic patterns, page views, and visitor demographics. This information will help potential buyers assess growth opportunities and match the site’s market with their interests. 

Additionally, compile a profit and loss statement showing the 12-month revenue and expenses. These documents are needed to establish credibility and demonstrate the site’s value to potential buyers. Providing your accurate and detailed track record and reports can significantly enhance your selling process.

Finding the Right Professionals

Will you be completely hands-on with the entire sale process? In case you want to sell the website on your own, you need to at least hire appraisers to evaluate your online business, accountants to check your financial statements, and lawyers to provide advice on tax and legal implications. Then, you need the services of website marketplaces, such as Empire Flippers, to get your business listed.

Are you going to employ the services of professionals to handle everything from A to Z? Then look for reputable internet business brokers like Website Closers to guide you through the process until you officially make an exit from your business.

Valuing Your Website

There are free calculators online, but they can provide you with an estimate. The valuation performed by a business broker ensures that you don’t undervalue or overprice your website. 

Accurate valuation helps avoid selling below market value or deterring potential buyers with an inflated price. A huge part of this process is calculating net profit, which includes all revenue minus operating costs like hosting, marketing, and wages. 

Additionally, assessing your site’s multiple—which considers factors such as traffic, revenue streams, domain authority, market demand (whether or not it’s within the popular niches), ranking on search engines, and social media presence—provides insight into its long-term potential. 

Typically, website multiples range from 20 to 50, with higher multiples indicating a higher selling price. Proper valuation aligns your expectations with market realities and maximizes the sale’s success.

Closing the Deal

Your website broker will be responsible for listing your website for sale. They’ll deal with the negotiations and ensure that your company is ready for the buyer’s due diligence process.

Once the buyer is satisfied with the figures and has secured adequate financing, the deal will be nearing its conclusion. The handover process will then commence, during which the original website owner will guide the new owner through all aspects of the business operations. This period is ideal for the new owner to ask questions about daily management tasks, existing processes, and any potential issues. 

Everything should be communicated clearly to create a smooth transition and help the new owner understand the intricacies of the business, setting them up for success and minimizing disruptions.

Prepare all legal documents relevant to the ownership and the sale to protect against future liabilities and ensure clear agreements on asset control and payment terms. For tax implications, working with a CPA is essential, especially for complex business structures or international transactions. They will help manage tax obligations related to lump-sum payments or installments and assist with accurate tax filings and future financial planning. Proper professional guidance safeguards you from legal and tax complications post-sale.

Common Pitfalls to Avoid

  •  One of the biggest obstacles that business owners must overcome is the emotional aspect of selling their business. The saying “married to his work” expresses how some owners feel about a website that they may have started from a mere seedling and grown into a multi-million dollar company. That emotional connection can cloud judgment during negotiations and can ultimately hamper the owner’s most successful outcome.
     
  • Failing to prepare in advance when selling a website can be costly. If your site isn’t in optimal condition, attracting serious buyers becomes difficult, and the sale process may drag on longer than anticipated. Do not allow the business to lose momentum so that you can maintain or even increase the sale price.
     
  • Overvaluing a website can create significant obstacles in the selling process. When the asking price is too high, it may drive away potential buyers, leading to extended market time and increasing the risk of a prolonged sale. This extended period on the market can force you into a position where you need to reduce the price, which can diminish your negotiating leverage. Furthermore, a price that appears unrealistic can make your business less attractive to serious buyers, potentially lowering the perceived value and complicating the sale.

The Selling Process: Website Closers Can Help

WebsiteClosers.com has over $60,000,000 in successfully sold websites, and that number grows each month. Why have we been so wildly successful? Simply put, the internet and technology sectors are our playgrounds. Having purchased, sold, and begun numerous internet companies ourselves, we’ve been in an entrepreneur’s shoes when it comes time to think about an exit strategy. 

So, sellers shouldn’t go it alone; they should contact experts who know how to buy, sell, and operate web companies – especially one with a huge network of buyers and lenders. For two decades now, the founders behind WebsiteClosers.com have been on both sides of the negotiating table.

As a successful internet business broker, WebsiteClosers.com has amassed a long list of proven strategies that help every transaction flow smoothly and put the business owner in the driver’s seat. So, trusting WebsiteClosers.com to take over the whole process and list your websites for sale is the best option, both emotionally and financially. 

Call us today to learn more about how we can help sell your website. We help you from the moment you plan to sell it until you execute your post-exit strategy.

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