I own and operate globalmtg.com (primary) and mtgglobal.com (mirrored). It's an e-commerce site for magic the gathering trading cards. It has been an interesting experience but just like a leased car, I'm looking to keep progressing to a broader range of services.
The trouble I'm having is how to approach selling my business.
The business would normally be worth about $350,000 by conventional standards but due to the nature of the market I could only really hope to fetch about 150,000 at most for it.
I've recently come to learn that my domain names can be quite valuable and many of my offers from competitors have been solely for the aim of obtaining my domain.
While I wouldn't mind getting that price to invest into my next venture, It seems that my mirrored domain names could fetch quite a bit of money.
I've looked around and wasted some money paying for "appraisals" that don't really amount to much. The site was not designed for advertising revenues but could be sold to a global financial corporation that deals in mortgage industry. I've been told by different people that such a site could fetch anywhere between 50k to seven figures depending on how long i choose to hold out on it.
Any help would be appreciated on what route to go. This is my first registered business that I've run and while it'd be nice to move on I would like to capitalize on it. I also have no problem paying a decent commission to knowledgeable company/individual who's willing to market it. The problem is there are so many companies out there (most of which do pretty shoddy appraisal jobs).
Thanks ahead of time for your input.