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Recipe website going for $22k on flippa. Is it worth it?

Discussion in 'Site Flipping' started by Baba_Ganoush, Apr 19, 2012.

  1. Baba_Ganoush

    Baba_Ganoush Newbie

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    Found the site MyCookbook on flippa and I'm interested mainly for recipes and user data. Is it worth $22k though?

    How do you value member information and content? The site was only $10k this morning. Someone sees big value in it.
     
  2. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Pretty high price so far, in my opinion.

    Clearly value there for someone. I know nothing about the niche, so can't really comment on where the value is, sounds like it's been neglected a little so would need someone who knows what they are doing to get it going again.

    Is this your site by any chance? :)
     
  3. Baba_Ganoush

    Baba_Ganoush Newbie

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    Yeah old school for sure. I notice the reserve isn't met either.

    Well I want to create a similar site but that is a lot of money. Although then I could sell it to Facebook for 1 BILLION DOLLARS!
     
  4. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    I'd imagine recipes would be a hard niche to monetize. People are in research mode, not buying mode, so earnings would be terrible unless you had a clever way to monetize them or got a ton of traffic.
     
  5. poweronics

    poweronics Jr. VIP Jr. VIP Premium Member

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    I wonder how can one monetize a recipe site? Smart ways I suppose... rather TOO smart.
     
    Last edited: Apr 19, 2012
  6. fcliang007

    fcliang007 Newbie

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    The value of a site is based on the revenue it has made!
     
    • Thanks Thanks x 1
  7. Cnotey

    Cnotey Power Member

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    CLP 2.0? Duh!!

    =]
     
  8. timpears

    timpears Registered Member

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    Recipes are really popular, so if it is monetized well, it veruy we;; cpuld be/
     
  9. kshatriya

    kshatriya Regular Member

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    It could be valuable. I've got one recipes based website and I recouped all the investment in it within a few months. This included, domain, hosting, seo everything. It still makes a small bit.

    So keeping that in mind, it could be profitable if someone know how to use it well. But 22k is way too much.