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8 yr old site, 40k uniques/day, 10k Alexa, ZERO work required, $75,000 p.a. income

Discussion in 'Sites' started by spdude, Jul 16, 2007.

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  1. spdude

    spdude Guest

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    #61
    Thanks for the kind words. The network is also listed for sale at sitepoint.. Link to thread is above. Public high offer there is $150,000.. a private $200,000 offer was made by PM also at Sitepoint.

    Earlier in the thread I mentioned about there being significant room for improvement in the earnings. In order to prove that, I set out on my own earnings optimization campaign. It is coming along quite nicely.

    $3,652.61 is the mtd earnings as of right now, with 14 1/3 days left in the month. The trend is upwards and it seems to be increasing at a very predictable rate. Today we are already at $171.90 with over 8 hours to go.

    Assuming the avarage stays at $250/day.. projected total for August will be:

    3 575 + 3 652.61 = 7 227.61

    I am not done with these improvements. So, let's look at one more scenerio. If the avarage for the remaining days in the month becomes $275/day, the projected total will be:

    3 932.5 + 3 652.61 = 7 585.11

    How realistic are these number... stay tuned to find out :)
     
    spdude, Aug 17, 2007 IP
  2. ryan1918

    ryan1918 Active Member

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    #62
    So, how come you didn't take the offer? I only see the bid of $150,000, I mean if you can really sell your site for more then $200,000 I'll give it to you, but until than, I dunno..
     
    ryan1918, Aug 18, 2007 IP
  3. spdude

    spdude Guest

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    #63
    Extended the end time for this listing to the furthest Sitepoint will allow it to go. 7 days and four hours is the remaining time.

    In the meantime, I'll attempt to provide regular updates on earning increases and other things like that. If the remaining seven days pass and nothing happens, I'll relist, perhaps with a couple of weeks or a month break in between. One thing is for certain though, the earnings AND traffic will be significantly higher in the relisting. This for sure will cause the asking price to increase proportionately.

    The price will always be tied to the value of the site, not any urgent need on my part to sell, because that was never the case. If someone has their eyes on this and wants to nagotiate a price in the low 300s and effectively save upwards of 70k then now would be a good time.

    Appreciate the more reasonable type of comment... The reason I never sold for $200k is obviously because I don't urgently need the money.. waiting even several months and improving traffic/earnings in the meantime works fine with me. The $200k offer isn't going anywhere.
     
    spdude, Aug 19, 2007 IP
  4. spdude

    spdude Guest

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    #64
    With under five days left, here are the Tribal Fusion and Adsense totals from the last three complete days:

    2007-08-18 $ 49.61 + $210.04 = 259.65

    2007-08-19 $ 41.56 + $211.63 = 253.19

    2007-08-20 $ 41.62 + $206.13 = 247.75
     
    spdude, Aug 21, 2007 IP
  5. spdude

    spdude Guest

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    #65
    Lowering BIN to 300k.. for the last two days left in this listing. Based on current revenue, that is about 3 and a half years.
     
    spdude, Aug 24, 2007 IP
  6. fastmanfunnay

    fastmanfunnay Active Member

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    #66
    i'll give you 23k and an orange soda.

    do we have a deal?
     
    fastmanfunnay, Aug 24, 2007 IP
  7. shaun12345

    shaun12345 Banned

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    #67
    I am very intrested would you look at a $1xx,xxx offer PM if you will?
     
    shaun12345, Aug 24, 2007 IP
  8. MilesB

    MilesB Well-Known Member

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    #68
    You say the site requires no updates but ngemu news was lasted updated on Aug 22nd, how come?
     
    MilesB, Aug 24, 2007 IP
  9. spdude

    spdude Guest

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    #69
    Current offers are already in that range. The highest so far is $200,000



    The owner does not need to make the updates. It is done by admins and mods. There is no need for the owner to research anything.
     
    spdude, Aug 24, 2007 IP
  10. ESAD

    ESAD Active Member

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    #70
    This kind of sale makes me sick. . . SPDUDE, you are the man! This is a great thread! Thanks for posting the sale here! It's been a long dry spell. . .

    And stop buying all the good sites before the rest of us can have a chance at them!!! J/K
     
    ESAD, Aug 24, 2007 IP
  11. spdude

    spdude Guest

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    #71
    Thanks... even though this thread is probably not going to lead to a sale, I can't say I regret creating it.. it helped open up some revenue potential that would probably have been left untapped.
     
    spdude, Aug 25, 2007 IP
  12. ryan1918

    ryan1918 Active Member

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    #72
    So never sold?
     
    ryan1918, Aug 28, 2007 IP
  13. spdude

    spdude Guest

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    #73
    No, it never. At the new monthly earnings of $7,300... $200,000 is only 27 months earnings.

    Look at my signiture.. I'm paying up to 40 months revenue myself for sites like this..
     
    spdude, Aug 28, 2007 IP
  14. ryan1918

    ryan1918 Active Member

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    #74
    Take a picture of your $700,000 house with your nick on a paper in the background..
     
    ryan1918, Aug 30, 2007 IP
  15. Imran

    Imran Notable Member

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    #75
    This sale is closed, as well the thread, why are you bumping it up again and again to notice your so called posts in our UCP?
     
    Imran, Aug 31, 2007 IP
  16. spdude

    spdude Guest

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    #76
    The network is still for sale.. August's total came to $6,993.31, a couple of hundred bucks off from my projected total made earlier in the thread, mostly because of excessive tweeking and testing. Still quite impressive. Keep in mind the two months before August were around $6,400 each.

    The first two days of September have brought in $541.48. At the current rate, September's projected total is:

    541.48 x 15 = $8,122.2

    Notice that the methods employed here for revenue improvement are all conventional. It's the traffic and extremely high quality of the site which makes this so easy. This is why I'm not afraid of people copying the ad integration or methods I'm using... because there's nothing exceptional there.

    As for bidding, had a $300k offer the other day asking for payment options. That bidder is currently researching. BIN currently stands at $400,000
     
    spdude, Sep 3, 2007 IP
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