Should I sell my website that's making $1,400/month?

I think $30K is a good offer for that website. Especially if you do not want to care about it. Have you tried Flippa? There you can sell the website for a good price.

i think you can sell it in 35k without doubt.

Try doing a auction on flippa and see what kind of offers you get for that site. If any offer interests you then you can consider selling it.

Since you are averaging around $1000-$1400. You can easily sell your site for anything around $12k-18k. If you get lucky you might get some great deals

A 30 k offer for such a website is great. Take that money and use some of it to invest in new products, if you've successfully created a good website that makes 1400 a month, use the 30k to create 5 of those websites and sit back and relax

I would sell it.

Though you aren't spending time working on it, you are obviously spending a lot of time thinking about it. It's like an open app consuming ur ram and cpu and reducing your overall performance.

Though you are not consciously thinking about it, it's an open loop. Once in a while u would want to check how much it made etc.

If you have lost the love for a project and if it is going to be a train wreck... Have an exit strategy. More than the money you are going to get its the time that is going to be freed up that is more valuable than the $30 k.

If you decide to sell the site based on my thoughts, I would like to know. Pm me.

1400/mo, 30k offer.

You have two options in my mind: Sell or Expand.

A 30k offer is ~22 months profit which is great. If you choose not to sell, then you should pay someone to keep updating the website with new relevant content - specially if you have no interest in the website anymore.

Yeah, I've tried Flippa. That's where I got $30K. It wasn't a bid (the minimum bid was set at $35K), it was in PM after due diligence.

I'm not greedy or anything. But think about the numbers. If I keep the site for two more years, it would have brought $30K in revenue, and then I could sell it for another $30K. So, I gain $60K in two years instead of only $30K in those two years.

@joesh7384 & @wide, I like how you think. I think I might go this route. Can I cancel a Flippa auction after it gets a bid but before the end of the auction?

@chaoslinker007, you seem so confident, why's that?

@Deepak Media, I think more about the site now because I'm trying to sell it. Usually, I get so busy with other things, I only check the AdSense revenue once every few days. But yes, if you wanna look at it from a Buddhist perspective, I would be more mentally free without the site, but I'm not gonna sell at a loss to achieve nirvana.

Pardon my french, but why the hell would you sell a website that's making $1400/month on auto pilot?

That $$$ could go to so many other things like a mortgage, car, vacations, debt. etc...

Don't sell it, rinse and repeat my friend.

kbs

Depends on your circumstances, do you need cash for another project etc. If not then hold and treat the website as an asset. Anything producing profit should be kept (please take a look at a great book called Rich Dad, Poor Dad)

Greedy? Why, because he wants to get as much money out of something he built?

You probably think that rich people are greedy too? Hell, they worked their butts off, risked everything they had and you call that greedy?

I call that entrepreneurship... Who's the one staying up late every night working, who's the one making sacrifices? Who's the one working and busting their ass?

Wealth comes from hard work and their is no room for people who think that's being greedy. Do you think since he is so greedy that he should give you some? Are you waiting for a handout or are you waiting to say it's all a SCAM because you can't do it?

We all have the same amount of time in a day ... the way you choose to spend it is your choice. If you are not wealthy and others are then who's fault is that, people being greedy or your own lack of action taking?

Man, I hate that word "GREEDY" because the people who use it are too selfish to make any sacrifices that could manifest into something bigger and they are too blind to see it. They would rather blame everything else around them. They blame the Government, they blame their boss, they blame everyone but themselves.

Take some friken responsibility, admit it and work to changing your situation, whatever it may be but to sit here and call someone GREEDY because of their hard work is shameful.

You guys have convinced me. I'll hire someone to blog on it for like $200/month or something, and I'll just work on its web development and management, which is fun for me. I'll discuss this with my wife and will probably take down the Flippa auction later. Thanks!

If the long term prognosis is good then hold on to it ... why not?

I agree holding on to it for a little while longer with someone adding a blog or two for you a few times a month may even up your income on it then you may be able to make that amount in a year with it... then sell it for twice the price haha

I think $30K is more than fair, especially since you don't really seem to be too personally attached to it, but I also think the suggestion to hire on a blogger and keep developing it is great too. Personally, I would choose the later and keep on with it, since at this point it isn't a massive amount of work on your part.

Good Luck with whatever avenue you choose to take!

I would sell or outsource the improvement and upkeep of the site to someone and it might make $3000 a month in a few months.
Regards
vivi62

yes, why not build up the traffic and list and sell it for triple. Sounds like you have a good thing going, I would do these few things and try to get it to sell for 80k - 100k

Good luck.

It's ultimately your choice. If you get a decent offer for it, go ahead. Otherwise you can always look at expanding and increasing the monthly income it receives -- you always have the option of selling it at a higher price in the future.

Currently 30k might be a good offer, it's 2 years.

Do what others are suggesting.

Pay for a bit of content and update the site a little every month. If it's making $1.4k/mo now, why not try to grow it? That's what I would be doing.

I would if I thought I could re invest the money into something that would yet in turn generate more money in less time or was a better long term investment ...If the decision is expand then YES do it

$30K is a good money already. If you don't have plans and interest in maintaining such website then it would be best to sell it now - the price is just right. You might regret if the value decreases in the following months because you don't care about it anymore.

You sound like one of those first time home buyers on HGTV. $30k isn't too far from $38k... i would have taken the $30k and called it a day, then focus on the things that make you happy.

I personally would hang on to this site. If it's hands off then it is a nice source of income each month which you can use to re-invest into your IM business.

That kind of money would open doors to some quality coaching in a different business mode like CPA, or could be used on new tools, services or for outsourcing tasks etc.

My theory is that once you are making a consistent $1,000 or more online each month, then it just becomes a case of using that money to scale it up big time!

Well, the decision will be also up to you. If selling the website means a lot to you then go for it but you have a second thought of selling it then think twice.

$1400/month is residual income. Don't sell. Financial freedom is the amount of months you get income 'without working' and live on. Build other sites like this and live your lifestyle the way you want. Enjoy it my friend. You have arrived!

Definately don't sell it. Stick with it until it is making the big bucks. Then reevaluate selling.

I think your main concern is whether it will still be earning in the future. So, if that is the case then I suggest that you take an offer that is greater than or equal to $30k. That is a large sum of money and with it you can create new sites that you can sell again.

IMO, only sell it if you are offered something obscene that you cannot refuse, other wise, IMO, scale it up!

I honestly think you should keep the site running, it is obviously a profitable site with not much competition. Reevaluate probably after a few more months.

If someone offered me $30K for it, I'd take the money and run.

Sell it.

Someone is offering you a price way above normal market value, so take your emotions out of it and sell. Most of the people telling you not to sell have probably never had a site making $1.4k a month - so are not really in a position to advise what to do with it.

Two years is a long time on the internet so a lot can change. Invest the capital into projects that are more profitable.

Yes, for 24 times earnings. Then go out and do it again.

Heck, one of my sites is averaging $1,600/month over the last 9-months, so that's close to what your site is earning....if someone offered me $30k (or even $20k), I'd immediately take it and then reinvest that back into my own business.

TAKE THE $30K. TAKE IT NOW!

30K sounds like a great offer, unless you plan on expanding the site to make it even more valuable...

It would depend on how you built the site. If it's quality through and through, hold it. If it's a MFA you were throwing BMR links at to get it to rank... SELL!

Well if you dont need the cash then why are you not outsourcing someone to post a few articles each month and to do some small SEO. You could spend about 125 a month on it and it would probably grow to even a larger income. Then once its more established if you want to rid of it then you could possibly get even more.