Your Website For Sale!

Jay did a great webinar last week about selling websites and domain names. This morning, I got an email from Empire Flippers, one of the companies Jay mentioned about where to buy and sell websites.
Disclaimer: I'm not endorsing, promoting, or making any money by talking about Empire Flippers. I'm simply presenting it as a resource if you want to sell your business.
There were 11 new listings this week. Here are some examples of what's available for sale:
Look at the pricing. A site earning only $689 per month can fetch almost $20,000. Many Wealthy Affiliate members were earning over a thousand bucks per month by the end of their first year, so a twenty grand payday isn't out of the question at the end of the year.
Would you rather have $700/month income or $20,000?
Hm. I'd rather the income so I don't have to pay a huge chunk of taxes on the sale, but some people like the "build and flip" business model. Why not? If you can build one successful site per year, or maybe even two side by side, that's easily a six figure income.
Look at the last listing, making $2700/month and selling for almost $120,000! It was created in February 2016, so basically three years to build that.
It's pretty cool to imagine that you could have an income generating business like that, and at the end of it, you don't have to say 'Oh well, that was nice. Time to go back to the working world'.... You get to hand it off to someone else and collect over a hundred grand for your efforts.
Notice: These are all Amazon Associates based websites. This is what you're leanring inside Wealthy Affiliate. These websites for sale were built by people just like you. The internet is full of opportunity and the people making money online are the ones that seek out, test, and take action on these opportunities.
And you know what else? These websites go fast. I rarely see a site listed for more than a few weeks, let alone a few days. Buying profitable websites is in high demand as new people start thinking, "Hm. Maybe I need some extra income for retirement", or "I need the extra security of a side-hustle in case things at my job don't work out".
Online business is a growth insdustry, and you are learning the ropes here at Wealthy Affiliate.
Have a great week everyone.
Nathaniell
P.S. If you had a website earning $5,000 per month would you rather keep that monthly income and grow it to $10... $20... $50,000... and beyond? Or would you lock in your profits, bank $200k, and start a new site?
Continue to build and grow what's there!
$200K sounds good, but that is barely over 3 years worth of profit.
At that point I would start a new site, and try to reach $5,000 per month. Now theRe is 2 streams of income !
Best of success!
Mike
As of me, I am actually working on one site and in the next few months, I will be working on 2 sites with the intention of selling any one of the 2.
However, if MY Travel website earnt 5k I would not sell it for anything less than a $mil!... or not much less anyway lol
I have absolute faith in my site, and love of the work, it's pretty much my life now and I will only give it up for retirement money. Not to just build another site I probably care a lot less about!
The next few months are going to be really exciting and I can't wait until it all comes home to roost, and I know it will. I have 5/6 revenue streams waiting to come online and then I expect 3-4k a month. From there it grow grow grow and it won't be long until the site is worth 3-400k+, if those site prices are anything to go by, and I still won't sell!
Unless I can retire from my site it's staying and growing.
However, this post has really made me think about starting a flipper on the side! If I can get it to $1000 a month it's a nice little earner if flipped!
And I have my Original Site I could easily build out and monetize quite easily before flipping...
But my Travel Site...That's mine!
Once again, it never fails to amaze me what can be achieved on the Internet!
Your question at the end of your blog post-Nathanial is a difficult one, I think if I had a website that was doing really well, I may prefer to keep it.
Enjoy your day.
Roy
I haven't had a chance to watch Jay's training, but I got a business evaluation from Empire Flippers and boy was it tempting.
But having that Monthly income is hard to give up. Plus there's so much I've still have yet to learn with this online stuff. I really want to continue learning and building on my success.
Once i'm comfortable with everything, then for sure I will look into this whole flipping site business. It definitely seems interesting.
Here's our thought. We wouldn't sell the website if the sole purpose was to start another one. You could go for a couple of years without income. It's totally different if you need a lump sum though. Guess it just depends on what you want to do going forward.
We look forward to being in the position of having to make that decision.
In any case, we are so happy to be learning about it all here at WA, right?
Lots to think about. Thanks for some great insight!
Colette and Philip
I am actually impressed just how much people are willing to pay for websites.
I'd have a monthly income and keep reinvesting into business (and investments), and sell it only if I REALLY need a lot of cash right now.
Have you ever sold a site yourself Nathaniell? I remember you mentioned you prefer keeping all sites to have that passive income every month.
The huge lump sum may look enticing but that can easily be blown away if you don't invest wisely - I've seen it many a times with those who have won the lottery - I'm sure with hindsight they would've preferred to have a monthly income than a lump sum!.
However, if I were near retirement age, I'd probably take the lump sum and use that for the rest o my years.
Personally I can say that $200k is tempting. Knowing me though I will keep it and build it up. I never thought about selling and probably won’t in the future.
Who knows though whenever I get put into that situation than it might different. I can only imagine the taxes taken out of that $220k though.
I'm actually looking at sites like flippa and empire flippers as places to buy websites that are already ranking. I noticed that some of these sites are only monetizing one way. And I know I could instantly increase their monthly revenue with display ads and other offers. So a site that may be making $500 per month already, I could buy, add more monetization and double and triple that over time.
So i'm looking to invest the money I'm making with my current money sites by buying established sites and increasing my passive income. Eventually I'll have a nice network of sites.
I can build my sites from scratch and have done that. But if you have the money to buy an established site, apply what WA teaches I feel that is a great investment.
For myself? I think I would hold onto it and collect the 5 grand a month for a couple of years+ and maybe sell it. Going to be 70 next year and hoping to retire in March or April so knowing that it's there every month to help grow the nest egg would be good, I think.
Got to get there first though. I still have some work to do so I must,
Keep Moving Forward,
Wayne
I choice to hang on to mine I went through a lot to get it where it is today.
The sites I started here will be a different story altogether these are niche sites, they are much cheaper and easier to start another tomorrow if you wanted to .
So to roll them over would not mean that much, nor would it take much effort to start from scratch with no investment and go from there.
It is a thought provoking post though, definitely made me think about it. :-)
Thanks for posting,
Calvin
Wayne
I have an Amazon affiliate site I've just left to gather dust really.. which does still make sales.....
I should definitely build it up to a certain monthly income level and then sell it on.
That's crazy to think about some of those profits.
Considering, a site could end up losing ranking or traffic for whatever reason in future, selling it on is a sure way of securing a good profit.
Then you can just start over.
Nat
You can live with $1,000/mo in many countries. So, probably I would sell it and then start building a new site.
Another option is to build the new site before selling the first, and as soon as I reached $1,000/mo with the second site, I would then sell the first.
On the other side, I'll keep it as long as its earnings are way better than before. If it's declining, then sell.
What could I do with the money offered? and Am I still interested in that project?
Bottom line, if that site has lost my interest, considering my age, and I could sell it for $200k, I could use that money to pay off my home and most of my other debt.
So, in return for giving up 5k a month, I'd gain ownership in my other retirement plan and keep about $2500 a month of my own money that I'm currently paying to other people.
A shortcut to retirement is how I'd see it.
Mind you, I'm talking about 200k sale vs 5k monthly income.
Good time to add that 5k monthly income is my step-off from work, so, if selling was going to forfeit my only income, I'd keep the income so I could stay home.
Why not have several sites?
Me? I would opt for the Monthly income as long as I can count on it going forward.
This is great stuff, Thanks for the information
Debbie
Good post!
Russell