Since nobody bought our company and we had lots of ppl that backed up i am selling it again.

What you'll get:
-WebDesign ($10)
-2 Clients ($30)
-2Checkout Account ($50/setup fee)[Has $20-$25 in 2checkout account]Total is 70 for 2checkout!
-Domain ($10)

**TOTAL:$140**



Reseller plan is $20/mo!

Client #1 has this plan:
2 GB Bandwidth
50 MB Space
He pays $5.95/mo

Client #2 has this plan:
1 GB Bandwidth
100 MB Space
He pays $5.95/mo

Used bandwidth: About 4 GB!
Used Space: About 200 MB!
Free bandwidth: About 16 GB!
Free Space: About 400 MB!

Bidding starts at $100 and the bidding ends friday or if good bid is placed! BUt if you bid $100 and you win its only like getting $40 for free. And once you bid $100 and if you win then its like you payed about $75 since 2checkout account contains about $25 which you can get once you buy the company!

URL: http://www.hostnuclear.com

Post bids here or PM me. But if you are not serious about bidding, then please dont bid. I accept paymetns through paypal!

Good luck!!!



BTW only bid if you want the whole company! Clients cannot be sold seperately! Sorry.......



Thanksss:D

hmmm tempting...maybe if you could show that you are actally making a substantial profit I think you would have better luck getting your company sold. I doubt anyone is going to buy a company for 100 bucks that is worth less than that. Sorry and good luck.

I can make reseller plan to be something like this:

$10/mo
10 GB Bandwidth
300 MB Space

that way you'll have profit of $2 once you buy the company. Of course there are probably 4 more ppl that would be able to be hosted...

Originally posted by Coolium
I can make reseller plan to be something like this:

$10/mo
10 GB Bandwidth
300 MB Space

that way you'll have profit of $2 once you buy the company. Of course there are probably 4 more ppl that would be able to be hosted...

How do you figure that with only Free Space: About 400 MB left?
Im not sure this is a serious offer. Good luck.

I could be interested in buying your company. But before I make up my mind, I would need to discuss this over with you + make some clarifications.

Please email me at changlee2k@yahoo.com so that we can continue this topic off-forum.

Current bid is $100!



How do you figure that with only Free Space: About 400 MB left?


I totally dont understand what you are talking about. sorry..

The problem is that you only have two customers. If someone pays you $100, those two customers will have to stick around for at least 10 months for the offer to be worthwhile, and there's no guarantee that they'll stick around for that long, so it's just not worth the price.

Actually starting business with 2 clients is much easier than starting business with no clients! But the current bid is $100 so at least some ppl think its worth it.

BTW the clients are not all thats the price for. You get 2checkout accoutn which I payed $54.00 for it! If you dont believe me then check out www.2checkout.com! There are $25+ in the account! The domain is about $10! Clients would probably be worth about $30-$40! Design is at least worth $10! See.......

Its worth more than $100 for sure. And clients are good since they dont use alot of disk space adn bandwidth at all!

My partner & I are currently drawing up a list of questions to initiate discussion of buying this hosting company.

For those who had experience or knowledgeable about such things, what are the MOST IMPORTANT QUESTIONS I should ask. My partner and I have already discussed the issue of this company having just 2 clients to start with, and that is fine with us.

I am specifically interested in suggestions just in case there are issues regarding such a transfer of title which I may not have thought about pertaining to unforseen costs, legalities, transfer issues, etc.

Your valuable input, if any, will be much appreciated. BTW, I am not a resident of the U.S. but live in Asia.

Thanks.

Whoa, slow down everybody, buying a company is a big decision!

Maybe you should get an M+A lawyer in here!

You don't want to invest $100 and then have the whole thing go under and lose your shirt (an expensive shirt no less!).
:rolleyes:

I'm sorry, this thread cracks me up!

Originally posted by Chang Lee
My partner & I are currently drawing up a list of questions to initiate discussion of buying this hosting company.

For those who had experience or knowledgeable about such things, what are the MOST IMPORTANT QUESTIONS I should ask. My partner and I have already discussed the issue of this company having just 2 clients to start with, and that is fine with us.

I am specifically interested in suggestions just in case there are issues regarding such a transfer of title which I may not have thought about pertaining to unforseen costs, legalities, transfer issues, etc.

Your valuable input, if any, will be much appreciated. BTW, I am not a resident of the U.S. but live in Asia.

Thanks.

I won't suggest you to buy the company, as you don't know what the company had done before and it is impossible for you to know.

Instead, I would suggest you to buy all the assets of the company if you really want to go into the hosting business.

Are there even any assests to buy? It sounds as though he is selling space on a dedicated server with about 200 others. Ya this thread is funny. I hope its a funny joke. :D

I hardley find this to be a company! Two customers is all he has to show for. 2chechout.com account isn't worth anything. No assests to show for. Just my oppion. This in my opinion was just a hobby that went south.

However, good luck in selling it. Chang Lee - the first thing you should wonder about will be the financial book of the company, how long they've been in business, turn over rate etc. YOu need to figure out if the company is worth buying and how long it will take you to get back your investments. Just some few suggestions.

Yes, I am fully aware of your points raised. My partner and I wish to purchase a few small web hosting companies to start off our web hosting venture. We do not intend to pay more than the intrinsic value of all assets + goodwill such a web hosting company may have. We figure that is jumpstarting the business.

We intend to just purchase one such small hosting company to start with. Then we will see how things go. If things go fine, then we purchase a few more and start off getting into the business immediately. If not, we plan to sell the business back to another good web host. We are willing to absorb a small loss in the process.

We will also be using a legal consultant in such matters to advise us.

My interest in purchasing the above web hosting business is this:

Its a very very very very small operation... almost non-existent. Plus, the owner does not seem that he will be making an outrageous price request. So, if we can buy this business for the little amount he is asking for, my partner and I feel that it will be a good platform to get experience in purchasing a 'proper' small web hosting business as our next step in this direction.

i thank you all again for your concern! please feel free to continue posting.

For those who had experience or knowledgeable about such things, what are the MOST IMPORTANT QUESTIONS I should ask. My partner and I have already discussed the issue of this company having just 2 clients to start with, and that is fine with us.

This doesn't make any sense, anyone. It would cost almost as much money to start a new company as to buy this one, and there's almost no reason to buy this one. Who buys a company for $100? If you're serious, you don't. This is a bit... humorous?

I think it would be a lot of time wasted talking about buying a hosting company with only two clients. Especially if you are consulting a lawyer or some other "expert".

I just purchased a hosting company this week with 330 clients. Now I consider that jumpstarting a company and an experience builder. A company with only two clients would seem to be a major hassle IF you spend to much time thinking it over.

This company to me is worth around $75 max, considering the 2checkout account is included. I do wish everyone that gets involved with this the best of luck.

Andyc

Originally posted by zhoujianfu
Maybe you should get an M+A lawyer in here!


Perhaps he'll do the work in exchange for hosting. :D

Originally posted by geiger
This doesn't make any sense, anyone. It would cost almost as much money to start a new company as to buy this one, and there's almost no reason to buy this one. Who buys a company for $100? If you're serious, you don't. This is a bit... humorous?


Can you please tell me where to buy everything to start company with 2 clients for $100?


I payed about $300 when I started the company! There are not alot of clients because the plans were expensive and bandwidth was sold $3/mo or more! Some hosts nowdays are selling hosting for 1 Gb per $1 or less and still find that clients are not easy to get. If you can start company like this for $100, please tell me where to get everything?

Originally posted by 1q1q1q


I won't suggest you to buy the company, as you don't know what the company had done before and it is impossible for you to know.

Instead, I would suggest you to buy all the assets of the company if you really want to go into the hosting business.


We havent killed anybody
We havent done any illegal business
We havent stole any servers
We dont rob banks


Anything else you want about us???

The fact that you spent $300 is not the point. $300 is peanuts for real businessmen. Not to downgrade you, but it's true. $300 is a lunch at McDonalds. If you want to start a real business, you don't buy one ready-made for $100.

i am not thinking this being bad idea. focus on what chang lee saying as reason for doing so. i also being seller of my small web hosting business, but if i am supposed to be buying one as first time in foreign country, this is making sense. what is usd $100? nothing. :)

The fact that you spent $300 is not the point. $300 is peanuts for real businessmen. Not to downgrade you, but it's true. $300 is a lunch at McDonalds. If you want to start a real business, you don't buy one ready-made for $100.

Okay guys. Your viewpoints are all valid. Most people would agree with your statements because they are very logical. Even I would have definitely agreed with your statements under normal circumstances. But its a slightly different scenario which my partner and me find ourselves in at the moment.

On the other hand we look at this as a golden oppurtunity. It is true that not everyone gets a chance for buying a business for $100 everyday. Thats why I think its a golden opportunity. As I said above, I am even willing to bear a loss on this teeny one. In fact the legal consultation and drawing up of documents will individually cost us much more than a $100 if my partner and I do finally decide to make a bid on Coolium's offer.

Actually we still haven't made a bid yet for this offer because I am waiting for Coolium to respond to my email in which I asked him our first round of questions.

BTW, the shoes I wear cost several times $100! And I also have several pairs of such shoes! That is not to say that I will not purchase cheaper shoes temporarily if were to loose my current pair on a beach! I hope you guys get my drift now!

I just read apenstaartje's post in this forum some time ago about his wishing to sell his web hosting company which has 2100 clients. My partner and I have already decided on what we feel is an attractive bid which our calculations show is a good and viable business proposition. It will surely be a four/five figure amount. So we may end up offering several thousands of dollars for this company after we finish our bidding & subsequent negotiation with the current owner. EACH CASE HAS TO BE JUDGED ON ITS OWN MERIT, NOT ITS SIZE. The value in such cases is best judged in the eye of the purchaser... like beauty is held in the eye of the beholder!

I also understand that the same opportunity does not have to be good for everyone at the same time. Reasons can naturally vary. In our particular case, this deal does appear to be an enticing reason for our current objectives - to acquire the feel and experience of aquiring an international business. At a few hundered dollars (all costs included), man... thats a sure steal bargain & golden opportunity in my eyes! Something I wouldn't chance upon everyday!

WOW! I notice a lot of people have read this post. If anybody would like to contribute by helping us out if you prior experience or knowledge in matters relating to acquisition of small businesses in the USA, please do post here.

Please dont be unduly harsh on Coolium. It is his prerogative how much he wants to sell what he wants to sell for.

I understand your positions and do respect them. I just think that you really aren't buying anything for $100- at least nothing you can't duplicate in a couple of weeks.

If this is what you feel is for you, go for it. Good luck. It just doesn't make much sense for those looking to start a successful business- a real one :D

I have to agree with geiger. You are wasting money talking to lawyers, talking to other consultants, and drawing up contracts.

We are talking $100 here. If you want that then just PayPal the guy some money. Now if we were talking $10,000, $100,000 or other such large amounts then I would say Chang Lee is certainly taking the proper approach.

I just purchased a hosting company and we hashed it all out and made a contract that is very clear and gives me protection.

It is just that I doubt a "hosting company" with two clients is going to give you very good experience. I could be wrong though.

Andyc