RichJerk.com FOR SALE !!!!

Discussion in 'General Chat' started by SeaWolf, Jan 11, 2008.

  1. #1
    RichJerk.com & Related Network of Websites

    Internet - Consumer Services (B2C) | Internet - General Internet
    Asking Price $4,100,000 Inventory $36,000*
    Gross Income $2,497,000 Real Estate
    Cash Flow $1,530,000 Year Established 2005
    FF&E $30,000* Employees 9

    * included in the asking price
    ** not included in the asking price

    Lead Gen Cash Cow

    For sale are RichJerk.com and related websites TheRichJerk.com, RichJerkEvolution.com, RichJerkWebsites.com, and RichJerkRealEstate.com.
    Included are approximately 200 related domain names, as well as copyrights and trademarks, customer list of over 40,000 customers, and email newsletter subscriber lists totaling approximately 200,000. This business is currently the top affiliate for the hosting company Midphase.com, generating thousands of hosting accounts annually. The business also generates thousands of paid "work from home" leads monthly, which are then sold various coaching and 3rd party offers. Also included in the sale are professionally produced infomercials and radio spots which cost $140,000 to produce. These spots were tested to positive results but used sparingly due to the high cost of ad buys and the high personal salaries of the owners and silent partners. Computers, office equipment, furniture, etc. can be included if desired. This business has been more of a "lifestyle" business for the current owners. The cashflow has been used to buy various "toys" and real estate, rather than putting it back into the company for growth. A new owner could very well grow this business greatly if willing to keep the cash in the company. Detailed financials are available to serious inquiries only. Owners are willing to sign a non-compete agreement.

    Facilities: Two leased offices and one leased office/warehouse. Currently on month-to-month leases and have become more like personal storage facilities. These are unnecessary for the new owner to conduct business. Most employees work virtually.

    Competition: Current competition includes all of the "get rich quick" programs seen on the internet and tv. Fortunately for this business, the angle and attitude of our program sets us apart from the rest. We have established our own niche within the industry.

    Growth/Expansion: Current ownership has chosen to take out most of the profits for personal use. Owner payroll is over $70,000 per month, and silent partners/investors take a significant amount as well. A new owner willing to take less of a salary, and willing to forego additional partners/investors, could easily use the cash flow to expand into other advertising mediums such as television, radio, etc. In addition, this company would do well by outsourcing more, and having less in-house employees.

    Financing: Minimum $1 million down, & remainder paid over 12 months, guaranteed personally.

    Support/Training: The two key owners are willing to provide support and training if necessary for a period of up to 30 days.

    Reason Selling: Owners would like to cash-out and pursue other ventures individually.

    ---------------------------------------------------------------------

    OK, I'm not the owner, unfortunately :D, but I noticed that the whole RichJerk business is for sale, for a nice price.

    I just copied all the information here, but here is the original page, just in case : http://www.bizbuysell.com/cgi-bin/addetail?p=0&i=YF&w=q&ss=1&tab=eb&q=355956

    Nice business and figures, huh ? :eek:
     
    SeaWolf, Jan 11, 2008 IP
  2. The Emirates Gallastico

    The Emirates Gallastico Banned

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    #2
    Fooking hell :eek:

    This should go for quite a lot...
     
    The Emirates Gallastico, Jan 11, 2008 IP
  3. horseygirl

    horseygirl Well-Known Member

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    #3
    do you have any stats lol
     
    horseygirl, Jan 11, 2008 IP
  4. browntwn

    browntwn Illustrious Member

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    #4
    You are not selling this site and it should not be listed by you in Sites for sale.

    If you want to just share the information, a sales thread is not the place to do it.
     
    browntwn, Jan 11, 2008 IP
  5. usmanzali

    usmanzali Well-Known Member

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    #5
    he was going to sell it :rolleyes:

    Also if you ain't selling it don't post it. ;)
     
    usmanzali, Jan 11, 2008 IP
  6. Nosfer

    Nosfer Well-Known Member

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    #6
    who's going to pay all that money? Will it be a rich jerk? :p
     
    Nosfer, Jan 11, 2008 IP
  7. getjimmy

    getjimmy Prominent Member

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    #7
    He will get rich only after selling his website network.
     
    getjimmy, Jan 11, 2008 IP
  8. horseygirl

    horseygirl Well-Known Member

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    #8
    is that the BIN or do you take offers?

    paypal ok
     
    horseygirl, Jan 11, 2008 IP
  9. anions

    anions Notable Member

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    #9
    Is this an auction?
    $1337 here.
     
    anions, Jan 11, 2008 IP
  10. killafawk

    killafawk Active Member

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    #10
    the dude is going broke hes an idiot with his money he buys stupid advertising spots on stuff like radio networks and shit. plus this market is already saturated like hell and everyone who was interested already bought the product so as far as an investment goes this is a dry well.
     
    killafawk, Jan 11, 2008 IP
  11. domainloco.net

    domainloco.net Notable Member

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    #11
    hahaha finally, that jerk is going down!
     
    domainloco.net, Jan 11, 2008 IP