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Startup Idea: iOS app for buying/selling small businesses

1 pointsby xevothover 1 year ago
I am building an iOS app that is essentially a marketplace for buyers and sellers of small businesses. We will classify a small business here as a business with revenue under $20M.<p>Could be software, a bakery, salon, laundromat (this is a weird word), etc.<p>Reason for building this: I recently had the thought of purchasing a business and found the current solutions&#x2F;websites sucked tit.<p>It feels like the world of business brokering is esoteric and gatekept for whatever. I basically want to make it accessible or at least aspirational for people to be business owners. For those who need to sell their business, it should be simple and the owner should be able to find the right buyer with ease while avoiding insane brokerage fees.<p>I feel you could make it “cool” to be a business owner and diversify income. In the way that AirBnB made staying somewhere cool and easy.<p>I feel through services like plaid, Online verification, a clean interface and financial API’s, you make this process easier…or maybe not.<p>Wdyt? Fuck it or ship it?

1 comment

stop50over 1 year ago
as an business owner: would you give your business to an unknown person, which only contacted you because of an obscure app? Especially since they want that the company still exists after they sell it. Regulations in some countries can also ban certain buyers. They can only own a certain amount of businesses or&#x2F;and have certain credentials. In these cases they get the opportunities by mouth propaganda or sort of an promotion.
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