maximillianos - 2:42 pm on Mar 11, 2010 (gmt 0)
I was recently offered 12 months revenue plus $10,000 for a site, which would have taken it very close to 6-figures and it was a no-brainer - I much prefer to keep it and the revenue for the next year and beyond.
That has always been my problem. I've had two serious buyers inquire about my biggest site. Both came to the conclusion that my site was a great earner, and a great business for my family, but not something they could buy from me since it was worth more for me to keep it than they could offer. And I kind of agree. Even if they offered me 36-48 months revenue, I'd still be on the fence since my site has been growing year after year for 10 years now.
If I sell for 3 years revenue, where does that leave me in 3 years? Perhaps a dwindling back account and no website...
Unless there is a huge potential (and huge mark-up on the offer), many big sites are unsellable when they are the bread and butter of a family... Unless of course you are ready to retire! But then again, why not just let your site(s) be your retirement income... =)