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An interesting recent example: http://flippa.com/auctions/84185/11000month-Revenue-No--1-In-Market-1500-Customers http://flippa.com/auctions/84185/11000month-Re
by utunga 16y ago
An interesting recent example:
http://flippa.com/auctions/84185/11000month-Revenue-No--1-In-Market-1500-Customers http://flippa.com/auctions/84185/11000month-Revenue-No--1-In...
A 'lifestyle business' - but fairly "web2 buzzword compatible". And yet, according to the fairly believable numbers they made than $100K in profit in their first year (and about that much LTM also) and sold for only $90K after 18 months.
That's a 'multiple' of only 0.9 ;-(
- il 16y agoInteresting example, as the creator of that site, dangrossman, posted in this thread. You can ask him about the sale. In that case, any smart buyer will instantly see that there is a sharp downward trend in revenue. Maybe the site is falling in the SERPS, new competitors have entered the market, or, worse, the target market is becoming saturated. This explains the low sale amount. Dan was smart to sell before revenue declined too much.