Flippa.com Site profit 5k month, sold 1.7k?

So i came across about these flippa sites.. apparently looks like someone just sold an site with 11k revenue and 5k monthly profit for 1.7k

Whats the catch in this.. is the revenue self-generated? The site age is also only 1 month.. They had video proofs of all orders but it looks to me theres something fishy with this.

why to sell a site for peanuts if you can scale this so many different ways?

 

No one will sell site making $5000 for $1.7 thousand. This should be fake. There can be lot of benefits being made with this. Like seller and buyer being same and he selling the same website again on Flippa with link to previous successful sale.

 

there should be something else, i mean there are a lot of buyers who would bet over the 1.7k margin on this case and even if he would be the buyer and seller at the same time.. the price would go few times over the profit margin.. My guess is the profits are self-generated, but whats interesting is that people dont even take part of that auction basically..

the other store has like 20k in profits over 4 months and the price stays still on 3k.. while starter sites still sell for 500$ without any revenue or profits.

people either know the flippa has turned shit or there is something else going on..

the reason for this post is that i also own a few stores that have 2000usd profit a month and i thought i will flip it on there, but whats the point if they pay peanuts for everything.

isnt the actual price calculated like this for example.. 6x months profit +10% the overall price? by this my site should sell around 13k

 

Probably fake, they create one site to show earnings but create identical turnkey/cookie cutter sites to sell to noobs.

paste the listing and will take a look.

 

You have to be careful with Flippa as most of the members are likely to have come from here But it's selling to corporations or individuals who see tons of viewers and instantly think they are rich not realizing how bad the traffic or how stolen and copy and pasted the code is on these websites that will crash and burn within a month.

 

I made an post some time ago about the same thing.
Here are some:

1.The one sold for 1.7 k right below

https://flippa.com/9553236-finestmondo-com

And some other with interesting revenue/profits

https://flippa.com/9559967-mellowhub-com

 

This is why I think there's a huge market bubble. People everywhere are believing in magic money. The stock markets are crazy, crypto valution is crazy and everywhere there are signs of fake money.

In the most popular flipping sites you can find properties doing $1000 a month selling for $4000, even at 1:4 it's crazy, why wouldn't the owner simply hold onto the property?

Basic economics will be enforced soon and I think a major market crash is what's gona triger it.

 

It's an absolutely unreasonable price. If you trust the posted earnings, you should pay way more for this site. More like 12 times the monthly profit, not just 6. And if you don't trust the earnings, why trust the seller at all and why buy anything. Does not compute for me at all

 

The basic is 3x your yearly revenue for sites.

if you ask less its fishy..

 

"Sup dudes, I'm selling website that's making 5k/month (legit) for 1.7k. I can't wait 10 days (my girl's in town lol)to make that much, so take it lmao"

What a wonderful world it would be : )

 

be realistic man,how could one sell that much profit site in such a low price,

 

Buddy human likes to show off,its human nature

 

is that real....does that really work...think of getting one from there..SUGGESTIONS PLEASE

 

Mark, you tell me. You have a site making you $60,000 a year , would you sell it for $1.7k, which takes the site ~10 days to earn?
Of course not.

Luka

 

Thats a good point to think off...thanks buddy

 

looks fishy

 

lol that is not possible,obviously fake if you ask me

 

Same things go with crypto.

0.01$ worth of crypto sold at the price of 100$.

I truely don't get it.

 

That flippa account has been suspended.


.

 

hahah and that is the end of story