Van Meer Bought a Piñata Site for $5K, Sold for $22K
Ramon Van Meer · From $300k to $35M+ Selling Dog Ramps with Ramon Van Meer, CEO & Founder at Alpha Paw · Oct 22, 2021 · at 14:38
Alpha Paw founder Ramon Van Meer describes his early online business flipping experiments on Flippa to Shaan Puri.
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“I bought that for 5000 dollars that I scraped together improve the website traffic and make my money back in two and a half months and then sold it a month later for 22,000.”
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More from Ramon Van Meer
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“This case the two founders were not doing any Facebook ads. There was no paid acquisition happening at all. And even though they had a, These inside customer database, they were not emailing even existing customers, let alone trying to capture, you know, a car…”
Van Meer: Word Game Website Generates $3M Profit on $3.5M Revenue
“So for example, there's one for sale now for nine million dollars. They started it in 2017. It does 3.5 million in revenue. And because there's no really team needed, it's like, it's almost all profit. It's like three, around three million dollars of profit.”
Van Meer: SBA loans fund up to 90% of internet business acquisitions
“You can use SBA loans to buy internet businesses. SBA loan is basically a business loan, small business loan that I don't know when they started a few years ago, where they now also fund internet businesses. And you can borrow up to 90%. So technically you can…”