Forum Moderators: martinibuster
Perhaps I could cash the next 3 years at this level on one sale? That will make me $18000 today which I could use to improve my other websites and create more. The thing is that I´m sure the site will increase it´s earnings as is becoming very popular on it´s area, so I´m not sure on what to do! How much to ask, to sell or not to sell?
You must keep in mind though that the highest price that you can get is the highest price that your buyer is willing to pay. You must try to find out how they're planning to use it. They might have an idea on how to generate $5K per month from your site, in which case you can jack up your price a little bit more! :)
You must keep in mind though that the highest price that you can get is the highest price that your buyer is willing to pay. You must try to find out how they're planning to use it. They might have an idea on how to generate $5K per month from your site, in which case you can jack up your price a little bit more! :)
Also as a investement, they could have ROI on less than 3 years for sure. Now if you compare the investement of 20.000 on other more common business models, how soon will you have ROI?
30k talk is just smoke. It won't happen unless you stumble upon a clueless buyer with 30k - not likely.
A closer estimate would be 10 months income. Unique content is just not that hard to aquire.
I would say that even at this it is overpriced.
They could be "phishing" for how much money you make on AS so they can steal your content and set up a quick site to bang out the bucks. This is not farfetched. I've been approached on a few of my sites too, but I keep that info close to the vest. I personally know some folks who have had content stolen for this purpose, and in each case it was suspiciously shortly after divulging what they made on the site to someone who approached them, got their details, and were never heard from again. BE CAREFUL!
Also, I sold a popular niche website in January for $16,500 which was averaging $60/day. That was the best I could get it for from 3 offers.
This 3 years income, or 2 years income is just crap. This is not a brick and mortar business, not by a long shot. Websites are very unstable and dynamic. You only have to read the Google news forum or this forum (see the recent asianguy thread) to see what i am talking about.
Unique content is just not that hard to aquire.
Not all "content" has the same value.
Getting back to the topic of this specific site, a prospective buyer needs to consider whether the site's content has intrinsic value that can be monetized from other sources if AdSense income or current affiliate-program revenues dry up. The more closely the site's content is tied to a specific revenue source, the more risk the buyer faces.
I am sorry but it is only worth what it makes today and not what it might make! Therefore it is worth 20 x 365 = 7300
I would say that even at this it is overpriced.
Why do you think is overpriced without actually seeing the website? Is every website worth X * 365?; I say no. Of course there is much risk attached to being totally adsense based, but still why only one year?
I am sorry but it is only worth what it makes today and not what it might make! Therefore it is worth 20 x 365 = 7300
Yes, a lot of unique content could be written for hire for $30k or even $7K for that matter, but does that make something already available, ranked and getting traffic worth less? I would think it makes the existing site worth more just because you're a known quantity, ahead of the curve and it would take months to a year just to catch up in the first place.
Besides, you NEVER open with what you're really willing to actually sell for, you open high and see where the bidding takes you. If they only want to buy it for chump change I'd hold it, beef up the earnings for 6 months and roll it out for sale again as you have the upper hand and the potential buyer would be playing catch-up unless they know SEO way better than you do which is always a risk.
I've walked from a $400K offer once but it was part stock, part cash, no thanks.
I have a $40/day site that I'd gladly part with for $10,000 (250 days of income). That's a good deal for me. I can take that money and invest it back into site development and easily make twice that amount back within a year or so. Once you sort of "get it" about how to build and promote a site, it's an assembly line kind of thing. Any takers? :-)
Just let me sell my $20/day site for 15000 and I´ll be happy to buy yours!
I guess It goes all back to offer and demand.
At any rate, just for the sake of discussion, suppose that I have a site that earns $10K a month. If I sell it for $120K now, I think I would not be able to build a site that earns $10K a month within 12 months, even if I have $120K at my disposal. I think that most of the 10K sites are not 10K sites when they were just 12 months old.
My point is that a high-earning site should get more premium than a low-earning site, because it has already survived many obstacles and overcome many competitors. In short, it has been naturally selected already in the cyberworld.
If you have a 1000 page travel site with original content, you should be making more than 20 bucks a day. (But they don't know this. Tell them you make $100 bucks a day, and if they want to match it for a year you'll sell.)
or... ask them to "Make you an offer you can't refuse" and see what happens.
What's your PR?
If you have a 1000 page travel site with original content, you should be making more than 20 bucks a day. (But they don't know this. Tell them you make $100 bucks a day, and if they want to match it for a year you'll sell.)
There is such a thing as "due diligence", and anybody looking at buying a site should investigate and verify any representations made by the seller. There's also such a thing as fraud - and getting a buyer to rely upon figures that you cannot later prove to be true, in order to make a sale, could create a headache you don't want.
Did they say:
We're interested in buying your website, what do you want for it?
I would have probably said, "What will you give me for it?"
And then figure out in my head whether it was worth selling.
(If I were him I wouldn't sell)
If that persists, then my site's annual revenue would be sixty thousand dollars, suggesting I could cash out for three hundred grand.
My wife's jaw hit the floor when I told her that.
We briefly entertained the idea of selling it and using the money to start some other site, but I think I would be much better off in the long run to develop the site. If my site has the potential to be worth three hundred grand to someone else who might grow it, what would it be worth to me if I grew it myself.
However, I pointed out to my wife that if something happened to me, she could, if she chose, cash out and buy herself a house and have enough money to finish her degree.
Up until now I didn't think there was a lot of point to drawing up a will, as I didn't think I had any real assets, but now I realize I do. I'm a recent immigrant to Nova Scotia, Canada, so I don't know much about inheritance laws or estate planning here. I'm going to do some research (I have a friend who used to do estate planning professionally) and then do what the experts advise.
I know from a book I read by financial guru Suze Orman that wills aren't actually the best thing if you have a lot of assets, because there are probate fees and the inheritance can be tied up for a long time, possibly a time of great need. Better than a will is a trust, at least in the US. I expect Canada has such things. I'm going to find out... and soon.
Being the sole provider for my student wife, and loving her very much, I'm a lot careful now when I drive my car, or even cross the street, than I was before we were wed.
Times are different than they were just a few years ago, and I haven't tried to sell a web site in over a year and a half, but I still think that with the speed in which things change on the Internet, when you are made a good offer on cyber-property, you should take the money and run with it.
I put up AdSense and it began generating $80 a month immediately. I'm thrilled with my investment that will be paid for in 7 months. :-)
My latest addiction is scouring the internet for decently linked sites that *I* really find valuable for the content and potential, but haven't yet discovered AdSense. Then I check them out on DigitalPoint's sandbox tool to preview what ads would be shown on the site.
After I am satisfied it will have excellent potential for development, I write to the webmaster and compliment them on what a great site they have. I ask them to print out and keep my email for a time when they might need to retire from being online... that I'd be more than willing to make them the best offer I can for their site and keep it running with the same content and the original author's intent.
I had one so far that met the criteria and he HAS been considered "retirement" and will be contacting me eventually. :-)
I'd love to add more $80+ a month sites! Never know when one will be a bigger surprise than that even.