BizBuySell is an online marketplace where people can look for small businesses to purchase, or they can offer one that they currently own up for sale. The company is the largest of its kind on the internet and it offers a variety of options for entrepreneurs who are looking for an online business, a franchise opportunity, for financing and much more. In case you haven't heard of it, here are 10 things you didn't know about BizBuySell.
1. They have the most traffic of any comparable companies
BizBuySell can honestly say that they have more traffic than all other sites that offer similar services. The average for their monthly visits is a whopping 1.4 million. This definitely places them at the head of the pack.
2. They're a good place to start if you want to buy a business
The reason that BizBuySell is a great place for any entrepreneur to start looking is because of their massive inventory. They have on of the largest collections of businesses that are currently active and for sale by the owners in one place. They're up to 45,000 at last count.
3. You can easily find a franchise through BizBuySell
If you're considering buying into a franchise, then BizBuySell may be one of your greatest resources. They maintain a huge directory of business franchises that are currently available. This could save you a lot of time and effort if this is what you're looking for. It may even give you some ideas that you hadn't thought of before.
4. The company is 22 years old
BizBuySell was first launched in 1996. It's been in business for just over two decades. This is one of the reasons why they have such a large database of businesses. They've had time to refine their system for acquiring listings and they do keep them up to date. BizBuySell has been building their business for a long time.
5. They also offer real estate listings
BizBuySell does a lot more than list businesses that are for sale. They were acquired by LoopNet Inc. in 2004 and LoopNet is the biggest commercial real estate listing service for online browsing. BizBuySell has more than $435 billion worth of property listings advertised for sale. It's pretty cool when you can buy a new business and lease additional space all on one convenient website.
6. BizBuySell is a great place to lease office space
Another great thing about BizBuySell is that it lists a massive number of office spaces for lease. The total amount of space they have to offer is astounding. At the last calculations given, there were 6.7 billion square feet of space and it's all available for lease.
7. BizBuySell has millions of registrants
This is one of the most frequently visited business brokerage sites. They also have the most registered users of every one of its kind in the industry. BizBuySell has more than 5 million registered users.
8. BizBuySell has a partnership with BrokerWorks
When you visite the BizBuySell's website you'll have access to BrokerWorks. With this subscription service, brokers can list multiple businesses for sale at one time. They maintain the largest database of businesses in one place on the internet. They also offer discounted costs to brokers who register as members of BrokerWorks.
9. BizBuySell partners with several key businesses
One of the reasons that BizBuySell is such a large online business and real estate business is because they have collaborated with several key partners in the industry. They have joined forces with LoopNet, Inc. to offer a wide variety of services within the real estate industry. They're also partnered with Inc.com, USA Today Network CityFeet.com, and The Wall Street Journal Online. They offer access to a variety of business news services, databases within the business and real estate industry and much much more.
10. They became involved with CoStar Group, Inc.
BizBuySell became a division under the parent company the CoStar Group, Inc. in 2012. This is the number one commercial real estate information company. Through this linkage, they provide a leading edge for their members that other companies in the industry simply cannot compete with. BizBuySell is linked with the most comprehensive database of commercial real estate news, trends and other information in the nation. They offer some tremendous insights into the real estate business and they're registered with NASDAQ as CSGP.
Written by Dana Hanson
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