- Oct 30, 2011
- 5,995
- 9,969
This thread is shady, shady, shady.
Now that Thomas has also chimed in briefly, it's pretty obvious what me/others were saying all along was true (you only value based on monthly profit).
Roy - latonas.com DON'T just value a site based on monthly revenue (or at least, I hope they don't). That is incredibly stupid and probably the worst business model / pricing strategy they can have. If this was the case, ANYONE can make a site, boost it with FB/PPC and then try to sell it off later for 5-6 figures just because "the revenue is high".
Now based on what you said above - with a monthly profit of $350, you are out of your mind to be initially asking for $32K.
And then to drop that price to $26K is just another sham.
As I mentioned to you before, a website/online business can be sold for much more than 48x monthly profit IF the niche + site is appropriate. From what Thomas has said above, your site was obviously not sustainable/fitting enough to even provide a valuation - so in my opinion, $5K is the very, very max you can even sell this for. Note how I say "max". Like someone else said on this thread, the $2K region sounds more realistic.
The fact that you are trying to sell this for $26K + trying to value your site based on monthly income alone just screams avoid. You probably saw a lot of the bigger sites being sold on Flippa/EF and thought "hey let me try sell one of my sites for big bucks too" but obviously it backfired on you.
Now that Thomas has also chimed in briefly, it's pretty obvious what me/others were saying all along was true (you only value based on monthly profit).
Roy - latonas.com DON'T just value a site based on monthly revenue (or at least, I hope they don't). That is incredibly stupid and probably the worst business model / pricing strategy they can have. If this was the case, ANYONE can make a site, boost it with FB/PPC and then try to sell it off later for 5-6 figures just because "the revenue is high".
Now based on what you said above - with a monthly profit of $350, you are out of your mind to be initially asking for $32K.
And then to drop that price to $26K is just another sham.
As I mentioned to you before, a website/online business can be sold for much more than 48x monthly profit IF the niche + site is appropriate. From what Thomas has said above, your site was obviously not sustainable/fitting enough to even provide a valuation - so in my opinion, $5K is the very, very max you can even sell this for. Note how I say "max". Like someone else said on this thread, the $2K region sounds more realistic.
The fact that you are trying to sell this for $26K + trying to value your site based on monthly income alone just screams avoid. You probably saw a lot of the bigger sites being sold on Flippa/EF and thought "hey let me try sell one of my sites for big bucks too" but obviously it backfired on you.
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