This is not definite but I own 50% of an LLC with someone else and we may actually consider selling it. I know there are people here who are looking into investing online so maybe I will offer this here first before I decide to try and sell it publicly.
What I would be selling is an entire blog network with 83+ blogs. We are adding more and more blogs daily. I have several Niche Managers that you would also have doing most of the work. Right now, as CEO I spend most of my time promoting the network and communicating with Niche Managers. I make my own hours. Some days I do nothing. Other days I spend 6 hours working.
The business brings in about $3500-$4000 each month.
I also have a network of magazines I would include with it as a combo deal. The magazine sites are all in one niche but each site is for a specific state in the country to deal specifically with what's going on locally. I have one Managing Editor for that and a couple state editors.
I would also include 2 active forums running on vbulletin. One has a Moderator. The other forum has 3 Admins and 4 or 5 Moderators.
With all of these I continue to make more and more revenue each month. I am currently on task to double the revenue in 2010 so by Jan 2011 the business would be pulling in anywhere between $7,000 and $8,000 per month. Growth could easily be exponential which makes me not want to sell. But for the right price we have decided we would walk away.
Across all those sites we generate anywhere from 700,000 - 1,400,000 page view per month. Edited to add: This includes over 100 domains. I haven't counted them yet but I can do that easily enough.
I mentioned this was my baby but if I can sell I have plans to start a new project.
If anyone is interested please PM me with any offers. I would be willing to help in the transition and if you want to hire me for a short period to help run some of the operations then I would be willing to do that.
Now I may want to stay in it longer since I have faith in it generating more and more each year. It is based on solid networking.
I would probably part with it for taking 1 year revenue plus a projected 2nd year revenue... meaning...
Current: $4,000 x 12 = $48,000
Projected: $8,000 x 12 = $96,000
$48,000 + $96,000 = $144,000
This would be a long term venture of more than 2 years. After 2 years you would have made your money back and then earning about $8,000 per month gross. After expenses maybe $7,000 or so.
$7,000 x 12 = is $84,000 per year with the unlimited expansion possibilities. Your potential in 5 years makes that number seem minute.
So I will say I would probably be willing to sell at $144K but I would entertain any offers over $100K with conditions.
I would also be willing to possibly partner with someone who can bring value to the company and earn us potentially more money quicker through some sort of contractual agreement. If anyone is interested in doing business at any level I am always open to discuss any avenue. But thought this forum would be a great place to start. :smxF:
What I would be selling is an entire blog network with 83+ blogs. We are adding more and more blogs daily. I have several Niche Managers that you would also have doing most of the work. Right now, as CEO I spend most of my time promoting the network and communicating with Niche Managers. I make my own hours. Some days I do nothing. Other days I spend 6 hours working.
The business brings in about $3500-$4000 each month.
I also have a network of magazines I would include with it as a combo deal. The magazine sites are all in one niche but each site is for a specific state in the country to deal specifically with what's going on locally. I have one Managing Editor for that and a couple state editors.
I would also include 2 active forums running on vbulletin. One has a Moderator. The other forum has 3 Admins and 4 or 5 Moderators.
With all of these I continue to make more and more revenue each month. I am currently on task to double the revenue in 2010 so by Jan 2011 the business would be pulling in anywhere between $7,000 and $8,000 per month. Growth could easily be exponential which makes me not want to sell. But for the right price we have decided we would walk away.
Across all those sites we generate anywhere from 700,000 - 1,400,000 page view per month. Edited to add: This includes over 100 domains. I haven't counted them yet but I can do that easily enough.
I mentioned this was my baby but if I can sell I have plans to start a new project.
If anyone is interested please PM me with any offers. I would be willing to help in the transition and if you want to hire me for a short period to help run some of the operations then I would be willing to do that.
Now I may want to stay in it longer since I have faith in it generating more and more each year. It is based on solid networking.
I would probably part with it for taking 1 year revenue plus a projected 2nd year revenue... meaning...
Current: $4,000 x 12 = $48,000
Projected: $8,000 x 12 = $96,000
$48,000 + $96,000 = $144,000
This would be a long term venture of more than 2 years. After 2 years you would have made your money back and then earning about $8,000 per month gross. After expenses maybe $7,000 or so.
$7,000 x 12 = is $84,000 per year with the unlimited expansion possibilities. Your potential in 5 years makes that number seem minute.
So I will say I would probably be willing to sell at $144K but I would entertain any offers over $100K with conditions.
I would also be willing to possibly partner with someone who can bring value to the company and earn us potentially more money quicker through some sort of contractual agreement. If anyone is interested in doing business at any level I am always open to discuss any avenue. But thought this forum would be a great place to start. :smxF:
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