Is it possible to sell your entire ebay store as a running concern?

Just a thought at this stage.....

 

We wondered if when we are done with selling on ebay (some day in the future) we might want to sell the entire business lock, stock & barrell rather than simply close it down.

The new owner would take over our built-up good-will, FB scores etc including all our stock holdings.

They would just have to link in their own PayPal and bank accounts etc and off they go with a running store.

 

Anyone know if/not this is possible or even a good idea?

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Is it possible to sell your entire ebay store as a running concern?

Dig, why don't you give eBay a call - you know what tyo ask and you're a smarty, so you will understand what they tell you.

 

 

please?


Some people can go their whole lives and never really live for a single minute.
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Is it possible to sell your entire ebay store as a running concern?


@my*mum wrote:

Dig, why don't you give eBay a call - you know what tyo ask and you're a smarty, so you will understand what they tell you.

 

 

please?


No possible, I'm afraid, which leaves us all (for the time being) to speculation, personal interpretation and opinion. 

 

I get that there are trading practices which are more than common in the "real world", but I have also always been of the opinion that while eBay businesses are a business, and trade in similar ways, looking at what happens in real world B&M and comparing it to what can / should happen on eBay (and how) is often problematic at best. 

 

I personally interpret the policy in regards to not being able to transfer an eBay ID without eBay's permission is that eBay's permission must be sought first - and if nothing else, I would hate to assume everything to be ok and then have something in the eBay system twig and shut down the ID. As far as I can see it, when you change the personal details on an eBay account, you are indicating your personal details have changed, not that the account has changed ownership.

 

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Is it possible to sell your entire ebay store as a running concern?


@digital*ghost wrote:

Listings on eBay for stores are a bad idea even if it wasn't against policy -

 

 


DG why are listings for stores against policy ? there is a category they fit in ? Theres a couple there that encompass B&M activities too.

 

 

 

 

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Is it possible to sell your entire ebay store as a running concern?


@thecatspjs wrote:

@digital*ghost wrote:

Listings on eBay for stores are a bad idea even if it wasn't against policy -

 

 


DG why are listings for stores against policy ? there is a category they fit in ? Theres a couple there that encompass B&M activities too.

 

 

 

 


I never said they were (the eBay rep MM spoke to said so, though), I said even if not against policy, which allows for the possibility that it isn't because I don't know 100% one way or the other.

 

And like I said, an eBay business is not the same thing as an eBay ID / storefront. An eBay ID does not belong to the account holder, it belongs to eBay, as does all the feedback.

 

 

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Is it possible to sell your entire ebay store as a running concern?

DG I am a bit confused regarding what you mean by ebay business or ebay ID ?

 

When you start a new ID as a business - the name associated or account holder with the ID is the business name. It is the first thing you fill in.  It is actually not as individualised with "personal details" as a personal account is, the key details required are the business details

 

With a business account you nominate a business contact person and their details. 

 

The business contact details may be other than the owner/s of the business

 

 

 

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Is it possible to sell your entire ebay store as a running concern?


@thecatspjs wrote:

DG I am a bit confused regarding what you mean by ebay business or ebay ID ?

 

When you start a new ID as a business - the name associated or account holder with the ID is the business name. It is the first thing you fill in.  It is actually not individualised, the details required are the business details

 

With a business account you nominate a business contact person.

 

 

 


I was talking about the difference between the shop front, the stock etc and the ID that maintains it. I see them as two very different things.

 

 

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Is it possible to sell your entire ebay store as a running concern?

Given the very little information that eBay gather when an account is opened, I don't know how they could even possibly police transfer of businesses or even individual accounts.

 

The information one provides to start an account is minimal.

 

I don't know how eBay could even legitimately.begin to identify if a business had been transferred by sale to someone else.

 

Personally I would rather see them crack down on the ease of opening multiple accounts in the first place by individuals and businesses with little more than a phone verification requirement (unless flagged as risky credentials) that can be easily worked around.

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Is it possible to sell your entire ebay store as a running concern?


@digital*ghost wrote:

@thecatspjs wrote:

DG I am a bit confused regarding what you mean by ebay business or ebay ID ?

 

When you start a new ID as a business - the name associated or account holder with the ID is the business name. It is the first thing you fill in.  It is actually not individualised, the details required are the business details

 

With a business account you nominate a business contact person.

 

 

 


I was talking about the difference between the shop front, the stock etc and the ID that maintains it. I see them as two very different things.

 

 


me too, I may have confused things and used them interchangeably when reporting my conversation, but I am pretty sure that the eBay rep knew I was talking about selling the business complete with feedback and reputation to someone not associated with myself.

 

Her response was the only thing eBay had a rule against was listing the business for sale on eBay, she said it was fine to sell the business elsewhere etc.

 

I gave the scenario of someone dodgy trading off the back of a good reputation and was given the response of "the system would eventually catch up with them and account rerstrictions would be applied"

 

When I buy and sell a business, often it it the trading name and the associated goodwill that is what is being sold. The actual premises and stock are kind of an added bonus.

 

 


Some people can go their whole lives and never really live for a single minute.
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Is it possible to sell your entire ebay store as a running concern?

So....

I've been trying to find some reading material or some kind of case histories about this topic but can't find anything.

So it seems there is no hard & fast policy that anyone can put their finger on either.

 

Seems to me if you did sell it somewhere off ebay then how would anyone know.

Change of address on an ebay ID is normal and allowed.

Change of credit cards is normal and allowed.

I could even include my PayPal account as part of the deal so the only changes there are again same as above.

Change of details inside a PayPal account is normal and allowed.

 

So there really would be nothing to flag that another person has taken over and is now trading in the pre-existing account. And if the new owners were truly interested in continuing to grow the business then they would safeguard the existing reputation and feedback scores etc already accrued. Certainly any returning customers would be none-the-wiser so long as the service remained excellent. And new customers would be just that... new.

 

That's the way I see it anyway.

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Is it possible to sell your entire ebay store as a running concern?


@my*mum wrote:

 

When I buy and sell a business, often it it the trading name and the associated goodwill that is what is being sold. The actual premises and stock are kind of an added bonus.

 

 


For me, personally, that is one of the key areas where an eBay ID with a store / established business is different to a B&M outlet or even say something like a specific product (thinking in terms of things like long-established products and brand names being sold, eg Kraft Vegemite etc, where in those circumstances the product itself carries a specific reputation and history).

 

In some ways an eBay ID could be considered a 'product' that can be qualified by the quality of the seller, but I don't see it as interchangeable in quite the same way, and the consumer protections necessary for online trade aren't the same as real world B&M trade. The reputation of an established ID, as opposed to anything else associated with a store name, is of more significance when people make a purchase decision. 

 

I understand that with an eBay store, the actual staff running the show can be interchangeable, and perhaps a business can go through periods of having great staff and not so great staff, all of which would affect the ID's rep, and that a registered business can change hands and new staff can come on board and start running the show, but I don't see that as entirely the same thing as selling the ID to a new, different party - maybe that doesn't make sense to anyone else, but it does in my head! Smiley LOL

 

My personal opinions on the topic are also coloured with my own business in mind - if I sold it, the buyer would get my stock, my brand name and my designs, and if I had an established independent site, they'd get that (because that's essentially just a URL), but they wouldn't get my eBay store ID to trade with, whether it was possible or not.

 

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