The Bingham Farms-based Web site SellMyBusiness.com Monday reported a successful first month following its early April launch.

Exceeding initial expectations, the online exchange community has received more than a half million visits, while averaging 300-plus new site users per day.

Additionally, visitors are spending an average of more than 12 minutes per visit and are committing to nearly 5,000 page views each day. To date, 811 new businesses for sale have been added to the site.

“The results we are seeing following the first month are very encouraging and validates our initial belief regarding the need for this type of resource,” said John Maddox, president. “Not only are people coming to the site in respectable numbers for a start-up, but they are spending a significant amount of time on the site digesting the information.”

Among the site’s more popular and highly used feature is the Business Watch Notification Service.

Similar in functionality to the popular “Google Alert” feature offered by Web search engine giant, Google, Business Watch allows would-be business owners to set and save predetermined parameters for businesses they are interested in buying. Based on the selected criteria, SellMyBusiness.com will distribute an email notification alerting site users that a particular business, matching their
requirements, is available for sale. Along with cutting down on repeat inquiries and site visits, this feature gives users an opportunity to make an early offer on the purchase of the business.

The site offers businesses ranging in type from home-based businesses and start-ups to the more common franchises and well-established organizations with hundreds of employees. Other standout business categories include Internet-based companies, restaurants and a host of professional services
firms. The sale price on a business can range from a few thousand dollars to millions, with business locations spanning the United States.

An informal survey of site users also indicates that visitors are pleased with the ease-of-use and overall aesthetics. The information is easy to find and, as another feature, SellMyBusiness.com offers a “virtual company spokesman” to walk first-time users through the available site features and explains how each is best used. For those more adept to traditional interaction, live company representatives are available to take calls and answer questions.

“SellMyBusiness.com is beneficial because it covers all aspects of the business operational process. People do not want to have to scour the Internet to find the different components we provide all-in-one place,” said Mark Lundquist, vice president. “More than any other comparable Web site, we have created a virtual community for serious business people and engage end-users in a very direct way.”

In addition to its available business listings, there also are free listings for equipment available for sale as well as real estate available for sale or lease. As the site continues to grow, the available inventory in these categories is expected to continue to increase. Company officials anticipate the site’s equipment and real estate listings to be consistent with or surpass the number of business listings by
end of SellMyBusiness.com’s first full year.

SellMyBusiness.com is a single online source for listing and finding businesses, real estate and equipment for sale or lease. It is a user-friendly and value-packed portal where business people can come together to conduct a mutually beneficial transaction, or access a comprehensive database of available businesses, business assets and professionals. The site is a valuable asset to today’s business owner or tomorrow’s entrepreneur.