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Selling Selling Gaming Website

Discussion in 'Sites' started by Bluesfear, Jun 17, 2011.

  1. #1
    Features
    The site runs on Wordpress, however we have a custom built game review system that has over 300 custom written reviews.

    The site itself has thousands of uniquely written articles over the last 2 years.

    The review system displays a score, has a Pro/Cons section for quick reading, allows readers to submit their own scores or write their own short review. It is categorized by Consoles, which can easily be added to the current systems.

    The system also has an built in affiliate button for every game on the review list. All you have to do is plug in the affiliate URL and a "Buy Now" button will appear on the review page.

    We have a volunteer staff of 7 writers. Many have been with the site for over a year.

    We also recently started a Facebook fan page, about 2 months ago and already have 900+ fans. The FB fan page would be included. A huge resource for promoting articles. You can just post them to the FB page and it will be sent to 900+ fans. It will only get better as you build up the list.

    We also have a dedicated YouTube and Twitter account, those would be included as well.


    Revenue
    Revenue comes from many sources, Adsense, private ads and affiliate ads. Our total revenue for 2011, not including June, is $1250. This works out to about $3000/year.


    Reason for selling
    The main reason for selling the site is I do not have enough time to dedicate to it to grow it. Instead of letting the site decline I decided to sell it and concentrate my time on other projects.


    Value
    The site earns $3000/year making its general value $6k which is the starting bid. However if you add the thousands of unique articles, the review system with over 300 reviews and Facebook fanbase you can easily see the site is worth much more.
     
    Bluesfear, Jun 17, 2011 IP
  2. dude91

    dude91 Well-Known Member

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    #2
    It would be nice if we could have monthly revenue and traffic stats posted.

    Plus you're site has made 250$ a month on average in the year 2011 and your are looking for 6k as a starting bid. that is more than 20x . Usually sites go between 10-12x ( depending on quality and revenue ). The site is clearly overpriced.

    If you intend to may be come down to something reasonable, we can talk.
     
    dude91, Jun 17, 2011 IP
  3. Bluesfear

    Bluesfear Well-Known Member

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    #3
    Stats for this year are here.
    http://www.gogaminggiant.com/stats.jpg

    If you can find someone that sells a site for 12 months profit or less, I suggest you take that offer. In my experience that only happens if the person is lying about revenue or if the site just got banned from Google or adsense.

    I'm not in a rush to sell it and I don't need the money, so I don't mind waiting for a decent offer. Earnings are between multiple sources as I said, Paypal, Google and Amazon. If you make a serious offer, I have no problem showing you the revenue. Last month the site earn $498.
     
    Bluesfear, Jun 17, 2011 IP
  4. aamigallery

    aamigallery Guest

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    #4
    I never paid more than 6x for websites earning revenue and I am really happy with the deals I made. Your website is clearly overpriced.
     
    aamigallery, Jun 17, 2011 IP
  5. nihangshah

    nihangshah Prominent Member

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    #5
    Can you show Amazon earnings proof?
     
    nihangshah, Jun 17, 2011 IP
  6. oskars

    oskars Active Member

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    #6
    yeah cmon, 6k? 6-10x is normal, i bought 6 sites with 200$/month revenue for 6x the price and never had any problems. really over priced but good luck
     
    oskars, Jun 17, 2011 IP
  7. chirag88

    chirag88 Member

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    #7
    no 1 will buy this crap over priced lol!!
     
    chirag88, Jun 18, 2011 IP
  8. Bluesfear

    Bluesfear Well-Known Member

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    #8
    I have no interest in selling to someone that is trying to flip the site for a profit. I am fully aware what the site is worth and am looking for someone that wants to buy a gaming site to run, not to relist for sale a week later.
     
    Bluesfear, Jun 18, 2011 IP
  9. djfunkyslick

    djfunkyslick Member

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    #9
    I have found sometimes people here try to get sites for much less than even 6X the price. Same with people searching for article writers. One post I saw stated the person must work 8 hours a day and write 8 articles per day...the pay? $70 bucks a week!!! LOL

    You may have better luck on Flippa.
     
    djfunkyslick, Jun 18, 2011 IP
  10. mubashirnisar

    mubashirnisar Banned

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    #10
    can you please tell the final price?
     
    mubashirnisar, Jun 18, 2011 IP
  11. bradmedia

    bradmedia Active Member

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    #11
    wow i got a gaming site that pockets 3k a month i wonder if i can get 60k ut of it that would be cool
     
    bradmedia, Jun 18, 2011 IP
  12. kaifudin

    kaifudin Member

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    #12
    Yeah, nice site, but really, extremely overpriced! Goodluck
     
    kaifudin, Jun 19, 2011 IP
  13. Bluesfear

    Bluesfear Well-Known Member

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    #13
    reserve is 8k
     
    Bluesfear, Jun 19, 2011 IP
  14. Bluesfear

    Bluesfear Well-Known Member

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    #14
    .............
     
    Bluesfear, Jun 19, 2011 IP