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ArcadeLady.com sold for $125K
Just found out that ArcadeLady.com was sold for $125K on 14th Apr 2010. Earning was said to be $885 daily which is about $26550 per month and that makes a PER of 4.7. Undervalue or overvalue? What do you think?
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RE: ArcadeLady.com sold for $125K
Decent price.. 125k is alot of money but with 26550 dollars a month why not keep it 6 months, you will get the same amount?
So i would say 175/200k would have been better (depending on profit) but still very nice deal, from what i've seen/heard it was a good arcade.
125k.. damn, maybe we get to be so lucky someday!
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RE: ArcadeLady.com sold for $125K
I would love to see some tips from the master how do we get that big, expand revenue.
I'm gonna post a list of questions, think tomorrow about some ideas and things i want everybody's opinion on to get bigger/better
Edit: Damn i was reading the sale topic on flippa, he did all that in just 8 months? Holy cow that's awesome..
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RE: ArcadeLady.com sold for $125K
(07-22-2010 08:18 PM)ArcadeBB Wrote: If you follow the links and read the comments, you will know why. $125K is a lot of money. $22k per month earning is also a lot of money.
Yeah i read (or is it red? i red..have read dunnow) the whole story, now it makes sense to me. But you know what plays an important factor for him (i think) he did all this in only 8 months.. he cashes in 125.000 dollar, he does his offline business when he is back for online biz he can start over.
He might pull it off again, he knows the ropes and has alot of spending money to start again. He only lacked in SEO as he said himself, now i think he meant he didnt buy much links but i guess other SEO factors were good.
So, overall a good deal, seems like a nice guy too inviting potential buyers to his house for a personal before buying, that's really nice cause buying from the internet it's still.. tricky, you never know.
And yes we can only dream, but it's good inspiration but it al comes down to 1 thing .. hard work!