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Ask HN: I want to sell my website
I run ThatHigh.com and we're experiencing significant growth right now. July predictions just over 1 million page views, and we've only been around for a few months. Nothing absolutely enormous, but not insignificant.
How do I sell this? Judging by current figures, I'll be able to pay my rent in San Francisco from the site, plus a little extra. How do I price this? Who do I ask? How do I pursue this?
- petercooper 16y agoThis seems like the right sort of site to sell on http://flippa.com/ http://flippa.com/ (it was a site selling board on SitePoint before they spun it off - people have a lot of success there and there are many interested buyers sniffing around)
- endlessvoid94 16y agowell, i posted this: http://flippa.com/auctions/100473/ThatHigh-com---PREMIERE-marijuana-humor-site-1-million-page-views-per-month http://flippa.com/auctions/100473/ThatHigh-com---PREMIERE-ma... i dont really expect it to be taken seriously, but what the hell. its worth a shot. my reserve is ridiculously high. experiment, i guess. thanks.
- byoung2 16y agoOn Flippa, you can always lower the Buy it Now and Reserve, but not raise it. Generally on Flippa, sites go for about 12 x monthly earnings. So if you can pay your rent in SF (I assume $1500-2400/mo) with this site, you're looking at $18,000 to $28,800. You can obviously get more or less, depending on a few factors. Some things that boost the sale price are matching social network accounts (I had a Twitter account with about 2000 followers that boosted the price of a site I sold), old domains, high pagerank, or unique content (like thousands of articles or an ebook).
- endlessvoid94 16y agothats an interesting statistic. they value at one year's revenue? i actually have a twitter account with 2700 followers, among which are snoop dogg, bill maher, sarah silverman, doug benson, and a few others.
- byoung2 16y agothats an interesting statistic. they value at one year's revenue? For traditional small businesses, you'd get 3-5 times earnings, but a basic website goes for less. The thinking is that a restaurant or hair salon would have equipment that could be liquidated, or regular customers you could count on to bring in revenue. A website could easily lose all its traffic, be blacklisted by Google, or have a competing site knock it of its pedestal.
- endlessvoid94 16y agogood to know, thanks for the lesson. i've never really understood business valuation, perhaps i'll read up...