Resume Website

This is a website aimed to posting resumes for the $100k+ salary range. The posted as was as follows:

Completely automated four year old business. 100kresumes.net KEYWORD SEARCH:

"100k resume, 100k resumes, 100k resume writing, 100k resume sample, 100k resume samples, 100k resume example, 100k resume examples, 100k resume template, 100k resume templates, 100k resume writing, 100k resume writing sample, 100k resume writing samples."

Great traffic and revenue with automated business that sells and delivers 24/7/365 No special skills or time needed. The overhead is only $13 a month. Automated cash machine provides $1100 a month for doing nothing. Confidential information and verification available to serious buyers.

Another ad for this same business read:

Completely automated business that is four years old. Sells 24/7/365. No inventory, shipping or customer service. 70% return. Overhead is only $14 a month and the business requires ZERO time or effort. Verifiable traffic and revenue.Top ranked on all three search engines

So, being intrigued I emailed him for more info. I was emailed this:

Let me give you the highlights of the business.

1. Established five years

2. Completely automated

3. Outstanding product

4. Great search engine market, one million searches a month for resume and cover letter keywords and phrases

5. Great search engine rank with Yahoo and MSN (huge traffic growth potential with Google)

6. Total monthly over head only $12

7. No customer service

8. Not a get rich quick scheme, just a solid performer

9. Gets 175 unique visitors a day with a huge upside with regard to growth via Google rankings and overall search volume

10. Zero cost of goods sold

11. Has averaged over $11,000 a year in net income

NICE. This is the kind of business I like to find. Only problem is the asking price. I find it pretty high. I don't really know how you should find the worth of an online business such as this. Can't say I don't blame him, I know if it were me I would be asking something around that as well, generally around 1-2 years worth of income is what I think a business is worth. The problem is that it doesn't make very much so that rule kinda goes out the window.

Other than the asking price, for someone who has $15k or so I feel is looking at a great investment so long as they can assure that the site will continue to make at least that much for a long time. It should do that if not more. An extra $1100 each month or more for doing NOTHING is very nice. If a college student were to invest his student loan in this one time fee, it would pay for his schooling instead of taking out triple that for school in smaller spread out payments. I just couldn't justify forking up $15k on a business that only makes $1k a month. Needs to do more than that for me. Unless of coarse $15k was nothing to me then I might be more interested.

BUTTERFLY BUSINESS

Here is an online business that works with a very unique niche. He sells butterflies. Here is the ad I first found for his business:

BUTTERFLY BUSINESS FOR SALE - $1

Hello I am selling my online customer activities fast. Look at the pictures decide if your willing to have an income for life. I can stay on til you are bringing in the revenue you want. You will learn all the trade secrets. Where to acquire free inventory. How you can connect to others in the field. No accounting needed as All records are on lined and automatically compiles itself for year end review. Made a grave error in my investment portfolio so I have to sell. email me for the online. If $100.00 per/day appeals to you. Looking to do this by Monday Morning the deadline I am facing.

I emailed the owner wanting to know more he sent me this :

Paste the above link (he sent me the link but I don't feel right disclosing that info on the web) to view the ebay store. Will be listing new material so you can see activity.
please have specific questions..ready by Saturday eve as i will submit a due diligence proposal so you can make clear decision on the process of reviewing the books. Paypal and ebay maintain all the financials. Much of the business has very proprietary details such as my competitors list in weekly lots not daily or during holidays
so there's a lot of untapped demand.
Also there is no debt or high end odd expenses. Postal delivery is the only regular ongoing costs. Packaging materials and even a substantial amount of inventory costs you next to nothing.
This is the right time as the holidays are fast approaching so coming aboard now will help you better understand upper end profit potential.

So really he did answer one of my main questions regarding the site and how he sells which is through ebay. Ebay is not my favorite to use because they charge to post an item and they charge a percentage when the auction closes and they charge for everything in between. Anyways, he did not send me an asking price. I email him back asking for it and have not received a response yet. I started messing around his site and his ebay profile. I found his past transactions for the past 90 days. According to that he is NOT making $100 a day. In fact for the month of September he has only done $500-$600. Many of the deals he does are under $5.

To me this business is more hassle than it's worth. All that customer service and shipping takes a huge toll and lots of time. It is the worst part of most businesses. And sadly he has to do a LOT of it to make much money due to the low prices. Granted some prices I saw in the $30's and around there and even one in the $70's.

But at the same time if you could get someone to do the shipping for you, or if you want to do it yourself it is profitable. Especially if you can get the free inventory that he claims to receive. If you are lucky enough to find someone to pay (either a commission percentage per shipment or flat fee) to ship each unit then you can work just from your computer anywhere in the world and be making money. Probably not enough to live off of, but enough for a little extra spending cash! Not bad if you really don't have to do too much by paying someone else to work for you.

Nevertheless I'm still not very interested unless he is asking under $500. Then I would look into a little more, try to increase profits for a period of time then turn around and sell it to someone else.

Sometimes you can find good deals and sometimes the market is bare

I have been looking and looking everyday for the past few weeks for more examples of businesses to put up on this blog. Sadly I report that even though I have talked to maybe 9 new and different businesses for sale, non were very good. At least not good enough to bother putting up on this site.
I have however contacted a local friend of mine who works one on one with businesses to help them get ready to sell their businesses. I am in the process of arranging a time to meet with her and get some information from her about businesses that she has seen and what makes a good business and what makes a bad one.
Also, I have contacts with a business broker who does very well in Las Vegas selling other's businesses. I will try and set up a meeting with this person as well and get as much information as possible. Besides I have found that most business brokers do very well, might as well see what it's like first hand. Who knows, maybe I'll become one or one of you will decided to afterwards!