A New Twist

Buyer's Market

By Holly Celeste Fisk

It's an online shopping mall . . . but it's the stores that are for sale, not what's in them. Welcome to the Business Resale Network, an online mecca for those looking to buy an existing business.

Since its unveiling last New Year's Eve, the site has averaged nearly 1,000 searches per day of the 2,500 businesses it lists for sale across the country. Searches can be made by business category, geographical area or list price.

"Our goal is to be the largest online listing of businesses for sale in the United States," says Gary Gardner, publisher of Franchise Update Publications, partner with Entrepreneur in operating the site.

Gardner hopes to have between 7,000 and 10,000 businesses listed by June. And if all goes well, sites for Canada and other foreign countries are sure to follow.

To browse the list of businesses for sale by owners, brokers, franchisors and franchisees free of charge, access the site at (http://www.entrepreneurmag.com), or call (888) BRN-2400.

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This article was originally published in the May 1997 print edition of Entrepreneur with the headline: A New Twist.

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