webuniverse - 5:55 am on Mar 19, 2011 (gmt 0)
bmcgee: Yes, $240K revenue and $5K in expenses (mostly hosting). The traffic and earnings numbers are quite common for UGC-websites that run on "autopilot." In fact, in 2007 I sold one of my other sites that operated a similar business model to Internet Brands out of El Segundo, CA. The multiplier in that sale was higher than 10x.
Jane_Doe: The assumption that a number of posts on this forum is somehow proportional to a degree of success is somewhat irrelevant. In fact, one of the reasons I barely post in the forums is due to the trolling behavior of their inhabitants.
buckworks: This is correct, tax-wise we are speaking about 35% (ordinary income) vs. 15% (capital gain).
I am more inclined to sell now. So thanks, everyone, for the input, and with all that, I am stepping out.