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$6000 monthly revenue but sold for $1700??

Discussion in 'BlackHat Lounge' started by the_punisher, Sep 1, 2009.

  1. the_punisher

    the_punisher Power Member

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    k so ive been watching the flippa site for a couple of days now and ive seen a lot of such case and frankly speaking i dont get it.

    like the sites that are for sale are claiming to be earning $6000 per month and still their site gets sold off for $1700

    here is one such example:
    Code:
    http://flippa.com/auctions/72967/Established-Party-and-Wedding-Directory
    like WTF?? why would anyone sell of such a money maker for only $1700? and its nit only this. check out the just sold section and there a lot of such examples.

    i dont get it
     
  2. adrien23

    adrien23 Regular Member

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    $17 000 ;)
    If it's really making that money, they'll be seeing some nice profits within 3 months.
     
  3. the_punisher

    the_punisher Power Member

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    ohhh..... my bad ... my bad..

    i misread :/
     
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  4. ukescuba

    ukescuba Jr. VIP Jr. VIP Premium Member

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    according to compete its lost like 5000 UV over the past 3 months... id wanna sell too... lol
     
  5. AzonGeek

    AzonGeek Jr. VIP Jr. VIP Premium Member

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    Buddy its $17,000 not $1700 :p
     
  6. CloneX

    CloneX Power Member

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    Someone's been drinking a lot. :D

    JK. ;)
     
  7. Patel

    Patel Senior Member

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    Nice bump from 09.
     
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  8. proxygo

    proxygo Jr. VIP Jr. VIP Premium Member

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    yeh theres been a spate of raking up 3/5 yr old posts of
    no relevance recently guess people think its important we
    no about it . oh brother
     
  9. JimmyWong

    JimmyWong Registered Member

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    Nice bump brah.

    Regardless, I believe the general market value for a site is two-to-three times the value of it's total net profit.

    Could be wrong mind.

    Probs wrong, mind.
     
  10. axus_auto

    axus_auto Power Member

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    For an established site, it's only 1 to 2 times ... annual profit.