Ask HN: Ways to sell a failed business

Is there a way to sell a failed business? Are there common platforms for that?

I am talking about my own business but also the idea in general.

Are there platforms that allow you to sell your failed business? The idea is that the potential buyers are aware that what they are buying needs to be turned around and the sellers are aware that they are selling at a discount.

It is often the case that people have built their niche, invested money in domains, trademark, other IP etc. and then shutting everything down seems like a waste of money. Often the reasons for shutting down might not even be related to the business; maybe it is just lack of time or other incidents.

Any hint on this? One obvious obstacle is publicly admitting the failure and the resulting bad PR.