This is the obvious question that people ask me. In fact, everyday I receive several queries like this from my friends and social media contacts. Well, Let me answer you this question in very detail. I mean let us today discuss that why people sell their profitable websites and blogs?
In fact, I am a professional website flipper and I have personally developed several websites in mu life and later on sold them for huge profits. Now, the question is that if all of those web properties are really profitable and cashflow generating than what is the need of selling them?
Well, here are the few reasons why website owners sell their profitable websites?
01) Need of Urgent Cash
This is the commonest reason why people sell their valuable and profitable web properties. They need some urgent cash for various purposes and they don’t have any other option to raise money except selling their websites. Almost half of the people around the world sell their profitable websites and blogs for this reason only.
02) For Fun and Adventure
I personally fall in this category. I don’t like to earn money in the simple and traditional way. I mean I don’t like to work hard at the job place to earn those paychecks. Instead of that I personally love to make money in some exciting way and Website flipping is the most exciting money making opportunity for me.
03) Website owner is no longer interested in the same niche
It is quiet possible that the owner of the website is working hard in the same niche for years and he is no longer interested in the same niche. He wants some change in his life and this is the reason why he wants to sell his website and move to some other niche. I know several website flippers around the world who work very hard and sincerely on their website or a blog for a year or two and after that by selling it they move on to some other niche.
04) The Webmaster wants to start a new venture and want to raise some quick cash
Sometimes it is quiet possible that a web master wants to start a new venture and for that he wants to raise some quick cash. This is because not the everyone can find a venture capital fund or the angel investor to fund their new start-up venture and this is the reason many website owners sell their property even if it is a profitable.
05) To realize the “On Paper” Capital Gain of the Web property
The valuation of any web property is always much higher than its cashflow generating capacity. Say for example, just think about the apartment house which gives you $ 1000 of monthly rental income. How much it will cost you to acquire it? Not more than $ 150,000 right? The valuation of any website is also like the same. I mean you don’t realize huge profit unless you sell your web property.
06) To Travel the World
Now this is my favorite. Many website owners sell their profitable blogs and websites because they want to travel the world. They want to enjoy their life and what else can be a great money making opportunity than selling their profitable web property? Many of my friends have successfully sold their website businesses because they wanted to travel the world and enjoy their life like anything.
07) To Take the Early Retirement
I have personally sold my entire 100 profitable websites portfolio for US$ 3.5 Million in Jan 2010 to a multi-million dollar dot com company to take the early retirement at the age of 28 years only and many website owners sell their valuable asset after working on it for years to take the early retirement and take a rest or change in the life.
I know several other website flippers around the world like me who have also followed the same pathway.
08) To buy a New Home
This is also a one of the common reason. I mean not the every website owner can buy the home by paying full payment but at least they can raise money for the down payment of their new apartment. Raising few thousand dollars to put a down payment by selliing your website is not the difficult thing to do.
Many of my friends have sold their profitable websites for $5000-30000 to raise money for the down payment to buy a new house for their family and you can also do the same thing.
Selling a Profitable Website for a Huge Profit is an Art
When it comes to sell a website, it’s an art. Not the all the website owners can master this art. Most of the time the website owners of the valuable websites end up selling their websites with very low valuations. don’t let this happen to you. After all you have worked hard for literally years on your website than you must be rewarded with the huge profit when you sell it.
Summary
So in conclusion, there are several major and minor reasons to sell a website even if it is a profitable. Remember that the valuation of any website is around 3-7 times its annual revenue. so suppose if your website generates $ 1000 every year than it’s valuation can be anywhere between $ 3000 to $ 7000. So keep in mind this simple and basic valuation criteria before selling your website.
Knowing the fair valuation of your website is the key of making huge money from selling your website.

Recent Comments