Second, I made sure I had full access to my funds and that I could transfer 100% of the agreed upon price. Great review. A free inside look at company reviews and salaries posted anonymously by employees. We would use them personally if we had a website to sell. You sell it for $5,000 times 36 which equals $180,000. They take into consideration whether a PBN is used, the overall backlink strategy, the type of business, revenue projections, etc. That percentage decreases as the value of the business increases. PS: Please leave your questions or a comment, I would love to get your feedback. You won’t have to worry about getting a bad deal by paying more than you should for a website. They have sold thousands of sites. 16 Empire Flippers reviews. Empire Flippers is the top quality website/online business brokerage in the world. Stoked you were able to get one, looking forward to seeing what you can do with it! I think website investing is one of the best ways to invest $100k. Lots of companies are into the buying and selling of websites, and I can only imagine where this company is going to be in the near future, so I am happy to be being a part of their service and the results I may have as well. Business Vetting (Seller) – Before a listing goes live, the team inspects all aspects of the website or business. Website: https://empireflippers.com/ They have already sold over $50 Million dollars in online businesses and this number is rapidly growing. I like you am not a fan of the 24 hour offer period. The company's filing status is listed as Active and its File Number is 202961 C6. Website flipping has turned into BIG business. If for some reason the buyer finds that information about the business was not reported correctly, they are protected by Empire Flippers. Thank you for your comment and kind words. I will definitely keep you in mind when my audience ask or when I am ready for your service. Having gone through the review, its not at all difficult to reach a quick decision as to the authenticity of empire flippers. Empire Flippers is the number 1 “curated marketplace for buying and selling established businesses.” The company was founded in 2013 by Joe Magnotti (CEO) and Justin Cooke (CMO), and has sold over $93,000,000 worth of Amazon Associates businesses, affiliate websites, e-commerce businesses and many other types of online businesses. Another buyer has 24 hours to submit an offer that is 10% greater than the agreed upon offer in order to purchase the listing. Also curious about the section in your bio “While in high school Zach helped design several successful app’s for Disney” because I’ve been trying my hand a making money through mobile app development. When you build a website or blog from scratch you have the opportunity to develop it in a way that a buyer would find attractive. The commission breakdown is as follows, and is based off the final selling price, not listing price: 15% for business that sell for up to $1m, 12% for business that sell from $1m – 2m, 10% for businesses that sell from $2m – 5m, and 8% for business that sell at $5m+. How I Almost Lost $100,000 On A Website Deal, 3 Tactics to Quickly Increase Revenue from Display Ads, How To Get Famous and Make Money On TikTok, 10 Best Ways To Invest $100,000 – I Saw A 55% ROI In Under A Year, 2021 Jungle Scout Review: I Sold $36,688 The First 2 Months, https://www.youtube.com/watch?v=WWasqIYKbOA&t, https://www.youtube.com/watch?v=zpTSoiFUJTc, In a niche that I am interested in and that is profitable, Opportunity to easily increase profitability, Opportunity for expansion into other categories, Poor optimization regarding affiliate links, Opportunity for improved UX and site function, Opportunities for Growth and Increased Profitability. I used them to represent me as both a buyer and seller and will be making a post about my experience as a seller as well, which was a positive one. If all of your traffic comes from paid ads you may want to work at developing a social media fan base that delivers traffic. The URL is only shown to people who have made the 5% deposit and are truly interested in buying your business. This should be an indicator that you can build an online business with a real exit strategy if you want. Would you recommend someone totally new to Amazon FBA to buy an Empire Flipper FBA biz, or do you think its something i should start from scratch so i can gain knowledge from the start? As I knew the Empire Flippers brand for a long time via their excellent podcast, I was basically only looking on their marketplace for a website to purchase. Empire Flippers operates a brokerage/marketplace hybrid that focuses primarily on lower-valued web assets, compared to traditional brokerages. Empire Flippers is a marketplace website that facilitates buying and selling online businesses. Please feel free to recommend their service when the need arises. Empire has the right, in its sole discretion, to determine whether the written estimate qualifies for the offer. Third, quick and fair negations. I lost a site when I had an accepted offer. From this experience, I learned that quality websites or businesses sell really fast on the Empire Flippers marketplace, and if you hesitate there is a good chance you will miss out. what you estimate the return/hour of your work comes to) Great Refresher Of The Ways To Build Your Online Empire 3 years ago. Thanks! All said and done, I made a 55.6% return on my investment in just over 4 months. This intensive check ensures that the buyer is purchasing a quality asset. – Traffic When a business is listed for sale, the seller must sign a non-compete agreement that lasts 3 years. Overall Thoughts In This Empire Flippers Review. . Honestly, I kinda regret being so hard on Empire Flippers back when I originally wrote this article in 2015. Empire Flippers will give you an estimation of what your website or business is worth, if you are interested then you’ll be connected with a business specialist to begin the vetting process. I had seen Flippa, and I know that some websites there are of low quality. For this listing, Empire Flippers helped me set up a conference call with the seller so that I could ask further questions that would help decide whether to buy or pass. Empire Flippers has a great company culture and I'm happy to join a company who is constantly innovating and staying ahead of the curve. They communicate open and clearly, the process is streamlined and, most importantly, the funds are processed in a safe manner, for the seller as well as for the buyer. Justin is an honor that you find my site and complemented in such a positive way. See the 4 steps to working online from home & earn residual income. I haven’t listed my site there I’m looking at a purchase, we shouldn’t chat. The first requirement is to answer a list of questions about yourself and record a 2-minute video explaining why you are a good fit for the role. This phase is crucially important since it’s the buyers’ job to do their own due diligence and to make sure they are purchasing a desirable asset. Empire Flippers has a great company culture and I'm happy to join a company who is constantly innovating and staying ahead of the curve. Click on the banner below and I will meet me inside! That’s the point, they are professionals at selling meaning you or I don’t have to be a professional at it. My clients and I have done countless deals with them and they do an awesome job for both the buyer and seller in each transaction.” Having testimonials like this made me feel even more comfortable. Honestly, with a website you could spend 100 hours a week and still have things to do, the list is never ending! Thanks for the review and detailed process, definitely helped me. General Terms of Use Privacy Policy Do you recommend someone new to running an online business to start with an Amazon business or a website business (whether it’s monetized by ads or ecommerce)? During this call, the buyer can ask any questions that arose when looking through Google Analytics and at the P&L, along with any other business questions. Sometimes it seems the more you look the more confusing it can become. If you follow these 13 simple videos, you will have a fully working niche website that is ready to earn affiliate income at the end! In 2018 one of his websites was acquired by a private equity firm, igniting his passion even more. New listings are posted once a week on Monday’s at 7am EST, and an email blast to over 45,000 people shares the newly available listings. This process took several weeks as the site had a few tricky monetization platforms that had to be switched over to me. Their service is nothing less than professional. Interesting review about empire flippers. Application. Each year they share the companies financials along with Google Analytics reports, customer satisfaction ratings, podcast analytics, email list analytics, the conferences attended and the plans for the following year. Thanks for the video. If the business doesn’t sell, we don’t charge the 15%, of course. In January of 2018 I purchased an affiliate website from Empire Flippers for $49,000. Justin, many people coming onto my team ask me if it is possible to buy a website or even, in the long run, is it possible to sell? Empire Flippers is a “Done-For-You” service, which means they handle all account migrations between the seller and buyer. *never sold a website, and dont know so much about selling a website. The Empire Flippers marketplace has a well-designed listing creator wizard tool. Can you clarify this? Do you believe its risky to get into it with a set up model, without having some experience first? Their goal is to find more website buyers and sellers. The 24 hour period added unneeded stress and anxiety. Your email address will not be published. Six Figure Income by Working Online From Home? Lastly, Empire Flippers transparency as a company should not be left un-noted. They check all aspects of the site such as the traffic stats, income, Google analytics, backlinks, etc. Have a question or need advice after reading this review? The crew at Empire Flippers came out with an ebook – and I had a chance to read through it! is a privilege for me when I come across such a positive business company that is focusing on helping the community. © Copyright Money Nomad 2021, All Rights Reserved, Ultimate Empire Flippers Review: I Spent $49,000 On An Affiliate Website. The 15% is only charged on a successful sale. The second website that I wanted to purchase sold before I could talk with the seller or wire funds. So How Was I Able To Get It With So Much Demand? – Social media’ Thank you for stopping by and will talk to you soon. Now might be a great time for you to get top dollar for your digital asset. However, if they decide not to buy, then the deposit will be fully refunded. If you’re interested in selling your website, then there’s a valuation tool that you can access on Empire Flipper’s website. If you are looking to sell a website fast Empire Flippers could be the place to go. How important each of these is in relation to the other will depend on the buyer. Thanks, Justin. Empire Flippers are for people who own profitable web properties and want to sell them. – Exactly how long it takes to sell an online business Apologies if you have this information somewhere – this page is my first time to your site. Oh well I am happy with the one I have now and looking for more! – Other assets (such as a team transitioning to the new owner. Hopefully this review of Empire Flippers has given you some helpful insights. Thanks! I am curious as to how much time you spent on improving the site per week/month for how many months and – and either what the total gain was for that time, (i.e. The $297 listing fee is refundable if (for whatever reason) we don’t get your site listed on our platform to be sold. Here is the key take away. Empire will not match a competitor’s bonus or free offer, special offer, rebate, financing offer, clearance or closeout price, or installation special. In January of 2018 I purchased an affiliate website from Empire Flippers for $49,000. © 2021 David Bishop Make Money Tips • Powered by, Working Online From Home A Proven 4 Step System. In just 4 months I bought and flipped a website that earned me over $40,000! Not everyone who is earning $5K-$10K or more is going to want to sell. The day my funds reached the Empire Flippers account, site migration began. This made me feel very comfortable as a buyer. Business Inspection (Buyer) – Once a potential buyer has found a listing they are interested, they must put a 5% deposit on the listing in order to gain access to the URL, P&L and Google Analytics. Our overall view of Empire Flippers is that they are a solid website broker that can be trusted with your business. This article will cover my experience as a seller with Empire Flippers, as I already wrote a very in-depth review of my experience as a buyer. They have a Marketplace with websites for sale. Hey I’m a little late but, I’m 15 and curious about saving up to purchase an Empire flippers website in the future. My only problem is that I know that some people use pbn to rank the site fast and then disavow it and delete it. The services differ depending on if you are the buyer or seller, so let’s take a look at the breakdown: Business Evaluation (Seller) – Use the Empire Flippers website to enter your business for evaluation. Some of these include websites that monetize with AdSense, Amazon affiliate sites, Amazon FBA, Amazon Kindle Publishing, eCommerce, digital products, information sites, SaaS, subscription models, and lead generation. Hey Shui, thank you for the comment and concerns. Totally understand the frustration with circulating your offer that was under listing price for 24 hours, however brokers cannot represent both parties, they represent the party they have the contract with, so in the case with Empire Flippers they try to get the best offer for the seller who signed the agreement with them. Do you get a refund of the 15% if nobody buying your website? Within a couple of months, I will look. – Email list That means we’re REALLY motivated to sell your business because it’s really the way we make money too! It is not difficult to come up with a positive verdict for Empire Flippers. I’d be interested to know if how much they said is the actual amount that you’re spending. They looked at data from 472 online sales. If you have an existing website or blog you may need to bring it up to par on these various items. Good question! The sections include: If you’re considering making a website purchase, then I want to see you be successful, which is why I created this checklist. Empire Flippers has been featured on BuzzFeed, Business Insider, Entrepreneur, Shopify, Moz, and many other outlets, which solidifies their legitimacy. It is also for people who are interested in buying and investing in online businesses. You can call them at 888-658-8388. Having gone through the review, its not at all difficult to reach a quick decision as to the authenticity of empire flippers. I wish you and Joe all the best, and love what you guys are doing with Empire Flippers. Additionally, I used Ahrefs to learn more about where the site stood in the different SERP’s. My purchase proved to be a wise investment as I was able to expand the content, take advantage of low hanging fruit, and grow the profitability month after month. I am glad you brought it to my attention to share this lovely and insightful post.I have done a lot of research about starting an online business and I probably don’t have to tell you how many times I have run into programs that promise minimal work will lead to huge amounts of money but the unfortunate part is that we always get scammed. I truly believe that much of my success was because Empire Flippers provided me with all of the necessary support, tools, and assistance. Empire Flippers is the leading M&A advisory firm for online businesses. Interesting review about empire flippers. The process took a week. 1. you’re building out the site more (and outcome if so) or using it for strictly passive income There’s a lot of options and you don’t want to make the wrong choice. If you want to jump straight to my experience using Empire Flippers, click here. Watch The Video And Learn How You Can Too. Additionally, if the business earns less than 50% of what it was stated to earn then the sale can be reconsidered. Clients often describe the platform as a great option when compared to its competitors. Thanks a lot Zach. It’s a very tested and trusted platform for selling and buying websites. I am now on the hunt for another business purchase while teaching others how to build their own niche affiliate websites from the ground up for only a couple hundred dollars. It is very legitimate and safe market place for buyers and sellers looking to part with their websites to make some money. Offering services that include buying and selling online businesses, Empire Flippers is a resource for those who are looking to acquire or sell off enterprises with existing frameworks, reputations, and customers. For first time listers, there is a $297 vetting fee (but if you click here using my link, there is no fee!) My Budget is quite low though ($23k) . https://info.empireflippers.com/industry-report. After that, it went down to about 10 hours per week. Currently, they have 74 active listings that you can choose from in a wide range of prices from over $3,000,000 to under $20,000. By the end of the 20-minute call, all my questions were answered and I was even more excited to work with them as I felt valued and safe. Have a great week! Zach has extensive experience creating and managing niche review websites. In that instance, we’ll refund the $297 listing fee. I am happy with my approach and will always give thumbs up to Justin and Joe on what they are doing there at Empire Flippers. With the help of the said company, you can invest in a website and have a share on the site’s profit. So when I bought the listing it said the seller spent about 9 hours per week, I calculated that I spent about 10 hours per week once the migration was over and I was all settled in with the site. So the first 2 weeks I probably spent 20 hours since it was the migration process and I was still getting used to the site. I would certainly try Empire Flippers someday soon. If you would like to speak with me, then shoot me an email at, Have an idea of the niche you want, but be open minded to other niches that could be profitable, Either have your funds ready to wire quickly or have Empire Flippers hold a large chunk of your funds in their escrow account so you could simply release the funds with an email, Be online Monday’s at 7am EST to view new listings since good listings go fast. Offer and Negotiations (Buyer and Seller) – Once a decision to purchase the business has been reached, there are two options the buyer can take. Hey Richard, thanks for sharing your thoughts! It makes sense that if you were in the market to buy or sell a website, or thought you might be someday, this is a report worth reading. Migration can be a lengthy process taking 2-3 weeks depending on the complexity of the transferring revenue streams and accounts. Zach Zorn is the owner of Money Nomad and an enthusiast of all things tech. The prospective buyer will be given an Excel document that shows all income streams of the business, as well as expenses. From your review, l think it’s a great site for selling and buying website but the fee for the first-time seller is $297 and some more 15% of the listing of your website which seems too much. Now I wanted to share my personal experience as being a buyer with Empire Flippers. Great Article. Even though I sent the full amount, someone’s wire got there before mine. When not on the computer, Zach is most likely off the coast of San Diego or Baja fishing for saltwater game fish. 2. In the free report, Empire Flippers talks about doing web design. I used them to represent me as both a buyer and seller and will be making a post about my experience as a seller as well, which was a positive one. However, there is a non-monetary gain as well, such as the experience, the contacts, the exposure, the free product, etc. Although they may not be as well known as some other online flipping website sources they are developing a reputation as a place to go because of several factors, Name: Empire Flippers Here’s my review (posting on Amazon as well) Grab your copy of the book here (or read my review there as well). I may have something better thatn you already bought. Website: https://empireflippers.com/ Each Monday morning for 2 months I inspected the new listing that fell within my budget and guidelines ($30,000-$60,000, no PBN, steady or upward traffic trend, and over one year old). Hey David – thanks for the honest/balanced review! I have found it interesting to follow various Internet marketers who are into building a blog from start to finish in 18 months and selling it for monthly income times 30-36. Interview. Sarah joined the Marketing team as a content specialist in August 2019. Empire Flippers can help you save wasting your efforts and buying or selling profitable websites. the owners are well involved in the day to day activity and the marketing staff is eager to give you the results way above your expectation. There won't be sales calls from multiple lenders. They have this trust through the years by providing a safe place for website buyers and sellers. They also have their own Facebook account where they have over 26K people who have liked their page. Also creates helpful content for those of us who are in the P & L month... Sell online business Learn more about where the buying & selling world risky to me other will depend the! In such a positive way platform as a great option when compared to traditional brokerages codes, affiliate or flipping. Use them personally if we had a chance to read through it Flippers niche site buy too and not. 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