Referral Fee Network for Business Sellers

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Referral Fee Network for Business Sellers

Inspired by a conversation on:

Let’s Buy a Business

Let’s Buy a Business

Episode 3 - How to Find a Business For Sale (and Not for Sale)

Host: Ryan Condie

Timestamp: 00:14:02 - 00:14:31

Listen to Episode • View Podcast • All Ideas from Let’s Buy a Business

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Feather Flow

Direct Quote

"Would you pay $25,000 for an intro that led to an acquisition? Like hands down? Yes."

Market Gap

Finding businesses for sale can be challenging without connections.

Many aspiring entrepreneurs struggle to find businesses for sale, often relying on traditional listings that may not reveal hidden opportunities. This is particularly true for individuals who are not well-connected in the business community. Without a robust network, potential buyers miss out on lucrative deals that could be acquired through personal referrals. Additionally, many sellers are hesitant to list their businesses publicly, preferring private transactions. This creates a gap where buyers are left searching without effective leads or connections.

Summary

Creating a referral fee network could streamline the process for buyers looking to acquire businesses. This platform would connect buyers with individuals who know about potential sellers in exchange for a referral fee. The network would incentivize existing business owners, brokers, and even casual acquaintances to share leads, enhancing the chances of finding off-market deals. By establishing a structured payment system for successful referrals, the platform could attract a wide range of participants, including those who might not typically engage in business sales. This approach would effectively tap into the power of personal networks, making it easier for buyers to find suitable acquisition opportunities.

Categorization

Business Model
Marketplace
Target Founder
Generalist
Difficulty
Medium
Time to Revenue
3-6 months
Initial Investment
$1,000-$10,000

Potential MRR (18-24 months)

Conservative
$1,000 - $3,000 MRR
Moderate (Most Likely)
$5,000 - $10,000 MRR
Optimistic
$15,000 - $25,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
9/10
Novelty
8/10
Feasibility
7/10
Market Potential
8/10
Evidence
7/10
Overall
7.8/10
Found on September 25, 2025 • Analyzed on September 25, 2025 1:30 AM

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