I thought I would give you a weekly review of some of the happenings in the world of flipping websites. One of the bigger sites to sell this week was atkinsonlab.net, which sold for $106,000. When I first looked that the domain I thought it was a diet website which would explain the price tag.
But as I looked into the site I realized that what they were selling is a network of websites that they have used to sell link building and SEO services. In other words they have hundreds of websites that they will use to promote your website for a fee.
They claimed to be making almost $25k per month on the site and yet it sold for $100k. Four months of revenue? Really? Let me be the first to tell you that if a deal seems too good to be true than it is too good to be true.
Why would a seller be willing to sell a $25k a month website for $100k? Why not just keep it and in 4 months you have your money? What this business is, is 100% against Google’s terms of service. The seller realizes how risky it is to have a network like this. What’s more is now they have displayed it to the world by putting the site/network of sites up for sale.
How hard will it be for Google to go sign up for their service and see where the links start coming in from? That entire network could be shut down in no time. I assume the buyer doesn’t really realize this. Those kinds of businesses have no staying power.
I hope for the website buyers sake they make it at least 5 months before the carpet is taken out from underneath them.
Lesson To Prosperly Readers
When you are looking at established websites and internet businesses to buy, always look at long term potential. Reality is that you may never be able to sell a website that you own. Just like Warren Buffett says, don’t invest for a quick profit. You have to have a long term money making plan. Selling a website is just a result of having an awesome long term internet business.