Web business for sale

Greetings:
I am selling my web business. Please refer to this thread:http://forums.digitalpoint.com/showthread.php?t=15496
for ifno as to reason I am selling, stats and income stats.
Bidding lasts one week frm now and starts at $15000
I will settle the BIN for $19000
Feel free to post your questions
Vera

 

You are hoping for a leap of faith here. If you want that kind of money, you are going to need to disclose more about the business up front. For instance - what is it's name? Where is it incorporated? etc.

 

19k is hell lota money!

 

There is a lot of good quality information in the link provided to another DP thread:
http://forums.digitalpoint.com/showthread.php?t=15496

 

If anyone needs any information about this site, feel free to ask it. I am pasting the info from the other thread:
Greetings:
I have been diagnosed a serious disease and I will have to change many things in my life style. Accordingly, I will have to make a series of treatments and so on so I am forced to sell my business.
I want to thank all who helped me and with whom I made a friendship connection.
My business is content providing. I provide original web content and e-book ghostwriting services as well as copywriting.
My address www.articlesandcontent.com and my traffic stats:

Monthly Statistics for April 2005

Total Hits 49148
Total Files 23781
Total Pages 3115
Total Visits 1084
Total KBytes 163860

Total Unique Sites 889
Total Unique URLs 259
Total Unique Referrers 167
Total Unique Usernames 1
Total Unique User Agents 220

. Avg Max

Hits per Hour 81 1042
Hits per Day 1965 8390
Files per Day 951 4072
Pages per Day 124 440
Visits per Day 43 148
KBytes per Day 6554 27365

Hits by Response Code

Code 200 - OK 23781
Code 206 - Partial Content 34
Code 301 - Moved Permanently 6
Code 302 - Found 22
Code 304 - Not Modified 4901
Code 401 - Unauthorized 46
Code 404 - Not Found 20358

My revenue:
I made around $1500 in the month of April, after paying all my writers ( they are seven) . I do not pay hosting- I have an agreement with my host.I just had my site redesigned and I also barter with my web designer. I am providing him also with original content for free.
In twelve months you could have $ 18.000 and remember, this is only a new business and I am already making a good amount. I am also selling my list of clients, I have several regular clients-mostly Sao’s and web marketers have a client that makes me $500 orders once every two weeks, the least. I can show proof of payments received and sent (from me to my writers).
I am signing up for adsense before I sell it, so the buyer will also have an extra revenue income.
Thank you

 

a PR0 site (granted you do have a nice chunk of traffic) for $19K? you must be out of your mind.

I'll start the bidding at $100

 

This is not just a website for sale it is an actual established business. The seller has already turned down an offer for over $10,000.

 

ok, my bad then.

 

Damn it man, you can't sell that business. You're high up on my list of people to use for articles as soon as my budget allows.

 

Hey, please feel free to continue using articlesandcontent for your content needs. My AWSOME writers are staying on board
I have not received any bid so far.I guess I am lowering the starting bid to $10.500.
Once again: I am not selling a website, I am selling a business.
Thank you all for your support.
This bid lasts till next friday.

 

Bidding starts at $10500
Thanks
Vera

 

First though let me say that I am sorry to hear of your illness.
In terms of buying the site, I am afraid I am just a looky-loo; new web publisher and new forum member myself. However, like some others here no doubt, I have been involved with buying and selling businesses, so maybe I can contribute something ...?
At the risk these points are so obvious that they have been assumed away already:
1. This is a business selling intangibles - intellectual property (the articles / content). So that like an Advertising business or an Investment Banking business most of its assets (the contracted (?) writers) metaphorically come in the morning with their coffees, and leave that night to go home.
Typically, I believe, for such businesses the deal is structured as an earn-out rather than an all-cash deal; with only, say, 20-50% down, and the balance payable by the acquirer contingent on the business meeting profit milestones.
Usually too in such deals, the former owner is retained as a consultant for at least several months, at a negotiated salary or fee. That might help you take some of the stress out of running it day to day, but you should accept that it is going to have to be a real commitment to help the new owner, otherwise the deal will fall apart.
You'll obviously need to check the bona fides of your Buyer very, very carefully in an earn-out deal; something you don't need to worry about in an all-cash deal. However, an earn-out structured deal should help you achieve a better overall price for the business than a cash sale.
2. I would suggest that you put up more sample articles - maybe one from each writer?.
3. I suggest that you, if possible and with the agreement of your clients, show your content in the context of their websites.
4. Testimonials would be nice.
5. The amount of repeat business compared to one-off sales matters a great deal to the price the business will command.
6. The importance of the largest single client as a % of overall sales is going to influence the price you get for the business - obviously the more diversified your client base, the higher the price for the business.
7. A buyer is going to need information about how your pricing fits in with your competition's, as well as just who are the competition.
8. Its a bit late now, but you also might want to request that any requests for further information be handled by PMs, rather than in the open forum, because a business often suffers when it is known to be for sale.
I hope it goes well for you!

 

I have made one order from articlesandcontent and will likely make more in the future. I would say that this business has earned itself a good reputation though i don't know how far it has reached.

I have been fueling my stock blog mostly with articles from these guys if you care to take a look at some of their work: www.stock-market-idea.com