Our weekly update this week includes a site that sold for nearly $100,000.
I’m not sure I’m buying that NewEggCode.com sold for 1 month multiple of profit and that it was doing $9,000 in profit after just 4-5 months online. I’m not saying that a site can’t make that kind of money that quickly. However, based on the look of the site I really can’t believe it is doing that kind of net profit that quickly.
Whoever bought HealthRuns.com got a good deal at 8.4 multiple. With good traffic and a site that’s been around for at least a year it looks like the buying made a good choice.
Any other thoughts on this week’s update?
David and Chris
*Stats are from Flippa.com