I personally would take the money IF:
- Those $7.5k is more than what my site makes in a year.
- I have the skills and knowledge on how to reinvest those $7.5k in 3+ sites, that using the formula from the site you are selling right now, can become authority sites on their own.
- I know I will have absolutely no regrets of selling it and will be able to look forward and focus on the new sites from that moment on instead of checking the site I sold daily and see If I did a mistake or not.
If you have the conviction, guts and skills, do it.
I think you should decide it based on your level of interest. If this is something you enjoy and are sure there are lots of opportunities in the market, then don't sell. Otherwise, just let it go and build another site.
Even if you gotta sign NDA and could not enter the same niche, you know how to repeat the process in other niches. $7.5k is a lot to help build many sites quickly.
I guess i should tell more about the offer. Well it seems legit to me because he first asked if I was willing to sell and I said I would consider an offer so he offered $3k. I said it was too low, so he sent an email a week later and said that his brother pitched in and the final offer was $7.5k. I again said no, but after I thought about it I asked if he was still willing and he said he was looking at different sites. So 2weeks go by and I ask again and says he is still willing to buy and will offer a $300 bonus if done within 10 days and asks that I keep "confidentiality" probably asking me to sign a contract or not tell anybody about the sell.
Why does it seem legit? You do realize scammers are professionals, right? And they're experienced to sound legit, right? Not saying it's a scam, but you never know.
Sell it. Use a little of the money to make 5 sites that are better (now you know how to make 1, you should expand on it and do better the second time around).
Invest a small amount of money into good blackhat tools or services and pocket the rest. Just make sure you use escrow and you don't get scammed.
$7500 is indicative of a site that should be making around $500 per month. Your track record has only been $100 ... (yeah you're making a little more now that you're monetizing it a little better, but you have no track record history of that to prove to any buyer).
Well after these two told u what to do , I guess there is nothing to addDon't get personally attached. Sell it. $7.5k is loads for a relatively new site like this.
$7.5k builds you a lot of new sites...
Source :Immediately, I was excited by the "bright lights" and possibilities that an extra lump sum of $10k could do for myself and my family. Yes - I've been earning much more than that each month (see income reports), however I feel that my existing income should not impact my decision whether or not to accept this offer. Even though I am earning quite a bit, a dollar is still a dollar to me, and every little bit helps.
An extra $10k is a significant amount of money that could be used for things like my son's education, donations, our housing fund, a vacation, etc. - all things that are very important to me.
Now that said, I have to think about my site's current state, where it's headed and how much it could earn in the future.
Like I said, the site currently earns about $700 to $800 a month. This means that the site would earn the amount offered to me in about 12.5 to 14 months, or a little over a year.
I did a little bit of research on selling and flipping websites, and typically a site can be sold for a price of about 3 times the reflected annual income, or what it could earn over the span of 3 years.
Some quick math:
$700 per month x 12 months in a year = $8400 per year
$8400 per year x 3 years = $25,200
So, this means that if I were to attempt to sell this website myself, maybe on a site such as Flippa.com or another marketplace, it could potentially sell for at least $25,200. This does not include potential future income, which I'll get to in a second.
Based on these figures alone, I decided to decline the initial offer, and I think you'd agree with me that this was probably the best move for me at this moment in time. The kickers, I feel, are that:
- I could earn $10k in a little over a year if nothing else was done to the site; and
- I could earn $10k passively on the site, since 0 hours of work are required each month to maintain it.
http://www.smartpassiveincome.com/five-figure-niche-site-offer/
This offer is possibly a scam. Why would someone give a proposal to buy a website giving a price without knowing details about traffic and revenue?
Source :He kinda reminds me of ur situation ( and of course I had nothing to do with him in anyway ) but Pat is pretty successful blogger. Do ur math and hope it helpsCode:http://www.smartpassiveincome.com/five-figure-niche-site-offer/![]()