Forsale: petsupplyshop.co.uk

[MichaelG]

What you get:

01: The domain name
02: The ecommerce application (fully loaded) with SSL
03: A new design template for you
04: One spot on Google for the key phrase "Pet supply shop" include a PR of 3/10
05: 1490 products already listed on Google
06: A cup of tea

All you have to do is put your products.

PS: we already have customers using the website.

Asking price: Up to you - how much is it worth? for anything less than 10k PM the Gordon Brown.

PM me to make your offer.

[jdpos]

Stats on turnover/profits for last 2 years please. At the moment it's looking like a rip-off, I could setup a site like this with all products like dog toys costing 20p each. And could set everything up for £150!

[sysops]

Michael,

Without information on turnover and traffic volume, it's impossible to value it. Please provide this information for the past 12 month period (PM me if you don't want to make it public).

[jdpos]

I really think that this is not the place to do it. Try selling it on eBay, you'll probably get around 3-4k for it.

[sysops]

Try selling it on eBay, you'll probably get around 3-4k for it.

And you're basing this on?

[beadell]

Michael,

Without information on turnover and traffic volume, it's impossible to value it. Please provide this information for the past 12 month period (PM me if you don't want to make it public).


Same here please

[jdpos]

And you're basing this on?
Previous similair auctions.

[MichaelG]

Michael,

Without information on turnover and traffic volume, it's impossible to value it. Please provide this information for the past 12 month period (PM me if you don't want to make it public).

I have PM'ed you with the details

[beadell]

I have PM'ed you with the details

Would you be able to PM me too please. Thanks..

[MichaelG]

Thanks JD,

It will end up on ebay sooner or later. We don't maintain nor market the website at all we upload products from 3rd party suppliers once in a while.

It started a pet project to test our ecommerce application and we are not really interested in running online stores - we like to build and hand them over to their owners.

I would have shut it down ages ago, but it would have being a waste - we now have good position on all search engines and looking at the stats - with the right products and marketing support there is profit to be made.

There is someone out there thinking of starting an online pet store and they will have to pay someone to develop and design a website and pay for search engine optimisation - well all this already done for you.

And for your comment


At the moment it's looking like a rip-off, I could setup a site like this with all products like dog toys costing 20p each. And could set everything up for £150!


I will like to see you try!

[jdpos]

Thanks JD,

It will end up on ebay sooner or later. We don't maintain nor market the website at all we upload products from 3rd party suppliers once in a while.

It started a pet project to test our ecommerce application and we are not really interested in running online stores - we like to build and hand them over to their owners.

I would have shut it down ages ago, but it would have being a waste - we now have good position on all search engines and looking at the stats - with the right products and marketing support there is profit to be made.

There is someone out there thinking of starting an online pet store and they will have to pay someone to develop and design a website and pay for search engine optimisation - well all this already done for you.

And for your comment



I will like to see you try!
I do have a factory in China who's making them for me actually so that is true, I'm setting up a pet wholesale business and at the moment the costs excluding stock is £179

[jdpos]

If UKBF had a betting part to it I'd bet £10,000 of my own money that you don't sell it within the next 2 months as the site is now for more than 9k

[MichaelG]

I do have a factory in China who's making them for me actually so that is true, I'm setting up a pet wholesale business and at the moment the costs excluding stock is £179


I did not understand your comment.

If you are setting up a pet wholesale business, how many products are you likely to have and are they quality products?

[mconridge]

MichaelG,

Ignore him. Teen without a clue.

Have you tried listing it on Sedo?

[garysumpter]

MichaelG,

Ignore him. Teen without a clue.

Have you tried listing it on Sedo?

:D:D:D

classic.

[MichaelG]

Sedo - last point of call.

[quikshop]

Sedo - last point of call.

Agreed, its not that effective for getting good value from business. Try businessesforsale.com or daltonsbusiness.com for a better response to selling an ongoing concern.

£10k is a lot to ask unless your business is already doing at least that in turnover, even with good serps.

Do a search on eBay and there are literally hundreds of pre-made shops stocked from dropshippers and available to go from £10. Most are really poor quality but its certainly possible to throw a decent shop together for less than £100 stocked with similar products using open source software or a hosted solution.

What you are therefore putting value on is the website's serps, its current turnover and if the revenue trend is upwards then some value in the shops potential.

[MichaelG]

Thanks Dave,

petsupplyshop.co.uk was NOT built with the intension of selling as a pre-made shop and it does NOT run some open source application. It has been up since Oct 2006 - hence the VERY good search rankings. Read my previous reply. And is NOT like the stuff you sell on your website.

[quikshop]

Thanks Dave,

petsupplyshop.co.uk was NOT built with the intension of selling as a pre-made shop and it does NOT run some open source application. It has been up since Oct 2006 - hence the VERY good search rankings. Read my previous reply. And is NOT like the stuff you sell on your website.

I'm not doubting the quality of your shop or its SERPS, my comments related to valuation, and as someone who has bought and sold nearly a dozen online retail businesses before setting up this business, its not about pride in your development work but about real world valuations.

[MichaelG]

Wrong again young Sir! this is NOT about pride in any development work - this is about you comparing petsupplyshop with those things you are selling on your own website.

[stewartsetter]

MichaelG,

Ignore him. Teen without a clue. ?


This has made my day !!

[quikshop]

Wrong again young Sir! this is NOT about pride in any development work - this is about you comparing petsupplyshop with those things you are selling on your own website.

I've not even seen your site, my comments where about valuation. Good luck getting your asking price :D

[castilejewellery]

Ten grand for a business makng no money? It isnt worth a penny. Nobody with any business mind cares about how nice a website is or so called potential. Its about pure hard profit and when exactly im going to be recouping my 10k. Youd never sell it at that price. Ive been in the online retail game for donkeys and how some of you guys value your sites is beyond me.

[jdpos]

That's exactly what I meant. I have quality stock with own labels for my company. Getting quite a lot in.
Agreed, its not that effective for getting good value from business. Try businessesforsale.com or daltonsbusiness.com for a better response to selling an ongoing concern.

£10k is a lot to ask unless your business is already doing at least that in turnover, even with good serps.

Do a search on eBay and there are literally hundreds of pre-made shops stocked from dropshippers and available to go from £10. Most are really poor quality but its certainly possible to throw a decent shop together for less than £100 stocked with similar products using open source software or a hosted solution.

What you are therefore putting value on is the website's serps, its current turnover and if the revenue trend is upwards then some value in the shops potential.

[MichaelG]

Websites are NOT like traditional businesses when it comes to evaluation. Everything is NOT about profit and loss. The value of a website greatly depends on the traffic, domain name (friendly) and search engine position for good keywords.

The short sighted people amoungst you are looking at petsupplyshop as an online shop you are not seeing the potiential. There are any online shops spend $$$ on PPC and SEO trying to get the traffic petsupplyshop gets today.

Imagine you had a blog (no ads) that generated a 1 million visits a month and is top of the class for phrases like "baby clothes", "baby gifts", "baby food" etc - now to a baby store owner with any kind of vision - this blog would be worth a lot of money - because of the traffic.

Petsupplyshop has the traffic and with the right products will make someone in the pet trade a lot of money. We don't run stores we just build them. Maybe for the traditional souls amoungst you, I should have said we are selling the domain name and the traffic without the store - you can upload/design your own store.

[Page]

I know this is not what your intentions are but have you considered running the business but in such a way that you are only doing the mangement and control side.

If this was possible I think it would put you in a far better position to comment and set up sites for other people and help them with their development.

There is a downside. Time and you might also have to admit to new prospective customers that building the shop is easy but then .....

It would impress myself if I was looking for someone to set up an ecommerce shop for me.

[MichaelG]

We design websites (I hate to tell people we design websites but sometimes that's easier than trying to explain what an application is) and develop serious business web-based applications - applications that focuses on reducing business operating cost and give our client's clients the power to do more. Solving business challenges with technology is a both a passion and a hobby for me - running an online store is not - this is why the website was not looked after in the first place.

Thanks for you input

For the ladies in the house - we are building a store for a french company - due out soon "The french lingerie shop" the webstore is not even live yet and the holding website is already on the first page on google for the the phrase "french lingerie shop".

[castilejewellery]

Im sorry micheal but your just kidding yourself. Im not short sighted and in all honesty probably have more experience in the field that you do. If a site has potential then get it turning over money first before trying to sell it. Search engine rankings are only as good as the sales they bring and that is what buyers want to see. You can personally believe what you want as you have asked for advice and in all honesty arent taking anybodys. If you think you can sell a website for 10k that isnt making money good luck to you and let me know the mug who buys it off you so I can try sell them some of my slow performers.

Jon

[jdpos]

I'm talking with the guy through email and he seems pretty good. I've told him that he wont get the money he wants so i think he's going to turn it into a actual business.

[castilejewellery]

Good at what exactly? Have you seen the website? Its awful.

[MichaelG]

Jon, Thank you for your comments - always good to hear from an old pro and I am sure you have, as you put it "more experience in the field" and I am sure we won't win any design awards for the default template on petsupplyshop.co.uk.

PS: I love you designer watch website.

[MichaelG]

Ok people the website is now up for-sale on ebay

http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=260233725447

[castilejewellery]

Sorry if I came across negatively that was never intended, I just know from experience that people never look at potential with websites anymore they just look at the profit its making. Every man, dog and goat selling websites always sells the site with 'it has lots of potential' but unless its actually proven it really isnt a selling point.

Just my personal opinion Micheal.