Is there space for a searcher/buyer-centric version of BizBuySell

January 15, 2023

by a searcher from University of Nebraska at Omaha - College of Business Administration in Omaha, NE, USA

I'm quite new to the ETA space, but absorbing all the content I can (podcasts, blogs, here, etc.) there seems to be strong agreement that BizBuySell frustrates all the non-brokers (prob 95%+ of traffic). The site is broker-centric because it needs the brokers to post data (and pay posting fees under its revenue model). Two questions. Is there space for a democratized version of BuyBizSell that works around the broker as the data bottleneck, and caters instead to the larger buyer/independent seller market? Second, to you buyers/searchers, what would you change about BizBuySell if you could (i.e., features, usability, presentation, etc.).

Matthew Brunken, MBA, CP
UNOmaha '22

Reply by a professional
from Hamilton College in Boston, MA, USA

Thanks for the tag Mark. BizNexus: https://www.biznexus.com/marketplace-home

These days we do try to focus more on verifying whether the deals on our platform are actually still live opportunities than marketing to new sources. Ideally this reduces wasted time buyers might otherwise spend digging through outdated listings or lead gen-slop, but like Roman said above it's a tough game.

BBS is a goliath, but in my experience there's going to be a lot of wasted time on all sides with any platform focused primarily on quantity over quality.

Reply by a professional
from New York University in Los Angeles, CA, USA

We think BBS and other marketplaces are all well and good, but we're in the process of building out a better experience at withkumo.com. First step was aggregating everything— we have more than 3x the number of deals than BizBuySell, because we're sourcing from 70+ sites. Next step is building out more tools for searchers.

Searchfunder members get a free month off if you want to give Kumo a try! Code: SEARCHFUNDER30

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