Does Flippa work?

I have posted my webdesign business for sale on flippa.com
https: // flippa(dot)com/auctions/114509/

I have quite a few views and quite a lot of watchers but no bids!!

Is it like ebay where everyone wait to the end?
Or have I just priced myself out of the market?

Or does it just not work that well (flippa that is)

Richard

 

It depends on how good your site is; money earning (actual and potential), if the right person's looking at Flippa etc.

However as you are just selling the name and not the customer base I think your price is faaaaaaaaaaaaaaaaaaar too high

 

I'm starting to get that feeling. So what would be a reasonable price to expect in your opinion?

 

I would say the price is about right for a takeover by one of the big guns (i.e. NetRegistry, SitesnStores...etc). It's a great site, full of quality content. I think i even visited it last week.

Have you tried other avenues to sell it? Like business brokers?

 

Thanks for that

Yes been to a few brokers but they seem to have problems with anything that isnt a "brick and mortar" business.
I guess I'll just have to see what comes out of the flippa auction!

 

I think design sites are hard to sell on flippa....when I sold my first design business i found a local designer, and thats how i got full price for it. I feel like people on flippa wont really appreciate what your site is making you.

 

Also it's the end of the year people don't think of investments this time of the year .

 

Flippa works great for sites that make an income.

 

This is a tactical question which allows you to effectively promote your auction links here on DP which is now allowed.