Over $1000/Month profit -- How much should I sell it for?

16 replies
Hi Everyone,
Thank you for reading! I'm new to this forum, and thought I might gain some advice from you experienced users

I am currently owning and running a social media selling service, it earns over $1000/month and requires little time each day. All the nitty gritty is done through the outsourcer, and all we have to do is update the customer when we're done.

I want to work out a good selling price for a customer, and I was wondering what you guys would recommend, considering the earnings and the little time needed per day.

Oh, if anyone has any advice for me or is interested, I'd love to hear from you. Please feel free to email me at michaela1999a [at] gmail dot com

I appreciate everyone's comments and time in regards to this, and look forward to seeing your recommendations.


Thanks
#$1 or month #notmuchwork #profit #revenue #sell #sell a website #site
  • Profile picture of the author kimanierick
    If the site is running well and it gives you good returns with few problems.. I dont think this is a very good idea unless you have a very good reason for selling it. Just stick around with it/ Thanks
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    • Profile picture of the author michaela1999a
      Thanks, the only issue is that I would rather the cash upfront to pay off a lot of expenses, or else I'd have kept it
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  • Profile picture of the author Synnuh
    Get a third party appraisal, shoot me a PM with some details and your asking price.

    I'd be interested in buying it if it checks out.
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  • Profile picture of the author unclejoe
    Well if I remember correctly from my college business course the rule of thumb when selling a business is 2 years gross verified sales numbers. In your case the negotiations start at $24,000
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  • Profile picture of the author Synnuh
    The web is different, unclejoe.

    8x-20x multiples are standard.

    24x profit needs to be a self sustaining powerhouse of a "business" not a site.
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  • Profile picture of the author Synnuh
    That 8x is based off profit.

    If he's spending $500 to make that $1,000 the negotiations start at ~$4,000 and go up from there.

    Every site I've bought has been a multiple of the profits for service / product based, and multiple of earnings for passive income (ie affiliate or adsense).

    $1,000 a month is a far cry from a self sustaining powerhouse business.

    It would have to wow me to get anywhere near $24,000 and I'd have to be pretty much guaranteed to get my money back within 2 years, or sooner if I grew it. The web moves too quick to plan out more than 2 years.
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    • Profile picture of the author unclejoe
      Well the web is weird...

      look at Flippa

      Some sites say they are making $70 a month going for $3500

      and some making $5000 month at $2500
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      • Profile picture of the author irawr
        Banned
        Originally Posted by unclejoe View Post

        Well the web is weird...

        look at Flippa

        Some sites say they are making $70 a month going for $3500

        and some making $5000 month at $2500
        There's a bunch of scams on flippa. As far as the value goes, there's no model here that really works for websites. There's just too many factors that matter.
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      • Profile picture of the author l23bc
        Originally Posted by unclejoe View Post

        Well the web is weird...

        look at Flippa

        Some sites say they are making $70 a month going for $3500

        and some making $5000 month at $2500
        From experiences of when i used to sell on flippa for a short duration alot of sites state exactly what you stated, But the real research on its domain serach or traffic value shows sometimes a different picture, I remember alot of sites back in 2013 stating 5000 a month after valuing with site history (Non seo and age of domain) was in reality basic websites designed and uploaded with backlinking to show stats of traffic. I am not saying flippa is a dodgey site you can find genuine well-build businesses for different reasons such as previous owners retiring or just moving onto other projects of interests. We as marketers do it all the time...start a business then lose interest and pursue a new niche or interest after a long marketing and business is built up. My whole point is research before you venture on claims carefully,

        To the Original poster, What exactly for all your hard work and time if your producing that much capitial would you be happy to sell at? For all the hard work over the years in producing a great business.
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        No Link here or Nothing to Promote Just a Old Happy Warrior User reading Topics

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  • Profile picture of the author dbman
    Several factors to consider for the valuation:
    1. How hard would be for the new owners to upkeep same level of income?
    2. Is there growth potential?
    3. Is there risk that the traffic / sales will dry up?
    4. You can get bonus if the buyer can get extra value by connecting to their own resources
    5. Assets included
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    Site rank history - check traffic history of any website - free tool
    Most popular site keywords sorted by traffic
    Find top websites by keyword or extension ie. popular .io sites, and .co websites.
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  • Profile picture of the author DavidZin
    That's good profit .I can make to website to earn money .with value product to sell.
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  • Profile picture of the author Synnuh
    I backed out on it because of the shady nature of the process. He's desperate to sell. Too much for my liking.

    Not calling it a scam, but I like to make money and had to stay away from this one.
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  • Profile picture of the author MBedford
    Yeah you have to be careful with flippa.

    I remember a year ago I saw a couple of people who made 30 to 40 similar sites, and "sold" the first 90% of them to themselves for a price far too high for the quality of the sites.

    Some poor folk bought the remaining sites at a slightly lower price than the others, I assume thinking that they could flip them for more.

    I would start with 8 to 10 months profit if I were you.
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    Private message me on skype or this forum NOW for deals you won't find anywhere else.

    Skype name: IMViperMarketing
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  • Profile picture of the author Thomas Smale
    Typically, online businesses are valued between 2-3x annual net profit. There are several factors that will move the valuation needle between 2 and 3 but the most important factor is the time required for the new owner to run the business.

    If you are interested in a free valuation, feel free to get in touch.
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    I specialize in selling websites over $10,000 in value. No obligation, confidential valuation here.
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  • Profile picture of the author GorselDersler
    Originally Posted by michaela1999a View Post

    Hi Everyone,
    Thank you for reading! I'm new to this forum, and thought I might gain some advice from you experienced users

    I am currently owning and running a social media selling service, it earns over $1000/month and requires little time each day. All the nitty gritty is done through the outsourcer, and all we have to do is update the customer when we're done.

    I want to work out a good selling price for a customer, and I was wondering what you guys would recommend, considering the earnings and the little time needed per day.

    Oh, if anyone has any advice for me or is interested, I'd love to hear from you. Please feel free to email me at michaela1999a [at] gmail dot com

    I appreciate everyone's comments and time in regards to this, and look forward to seeing your recommendations.


    Thanks
    I don't believe that it is easy to make 1000$ (per month). There are lots of article about how to easily making money but all of them is waste I think.
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