Every founder at some point may ponder selling their business, but selling a business comes with a lot of complications. Where do you even begin to find buyers? What is a fair price? What about legal matters? There are probably a million questions founders may have before exiting a business. The whole process requires careful planning and expertise. Traditionally, selling a business has involved business brokers and many parties, including legal advisors and financial consultants. However, having a reliable online marketplace that simplifies the process and connects you with qualified buyers can make a significant difference.
Boopos is an online marketplace for buying and selling businesses. The platform is on a rapid rise with over 2,000 vetted buyers. Founded by Juan Ignacio Garcia Braschi in 2020. Boopos started as a lending platform, but has evolved into a marketplace that also offers acquisition financing. Boopos has raised $175 million in funding.
Juan himself encountered this problem in the industry—the lack of financing for aspiring entrepreneurs like him. So, he decided to solve it.
“We want to become the #1 platform where people can sell their business and buy one with financing, providing always white glove service from beginning to end in the USA. We bring businesses, we help them determine its valuation, and once it’s listed, we find the perfect buyer for them.
Our biggest differentiator is that we provide financing for sellers, ensuring that founders looking to exit will find buyers with a high intention to buy.”
When it comes to selling a business, the most important thing, according to Boopos, is not to go alone. As a seller, finding vetted buyers with high intention is key. Boopos pre-vets every buyer so both parties can have a seamless experience when it comes to buying or selling.
If you’re thinking of buying or selling, Boopos has a number of resources for both buyers and sellers. If you’re planning on selling your online business, be sure to plan in advance and start engaging with the Boopos community to get the resources you need to get started.