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Justin Cooke

๐Ÿ‘ค Speaker
190 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

We have some other things that are going to go on.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

But yeah, the bulk of our money is made from the brokerage fee, which is the 15% on the successful transaction.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

yeah so we did uh 4.56 million in sales and that was on 176 deals so in terms of money we took in for empire flippers is about seven hundred thousand dollars sorry say that one more time four point five six million on 157 deals yep that's right 176. okay and is that you'll have to educate me justin and forgive me for being so ignorant um for these kinds of sites is that good is it bad are you guys happy with the growth where are you at

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

It's good.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

I mean, considering just like three years previously, we'd done 200 and something thousand in total sales.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

So we're at 4.5 million in 2015.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

We did 1.9 million in Q1.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

And in April, we did just over a million dollars.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

So our growth has been pretty rapid, especially the last 12 to 18 months or so.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

I read about 1.1, maybe a little under.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

So I have a partner.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

His name's Joe Magnotti.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

We have a management team of five people.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

And then we also have 11 staff in the Philippines that work as customer support or customer heroes.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

No, that's actually a third-party company we've been using to generate leads.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

Not terribly happy with that company, to be honest with you.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

I'm not sure how long that's going to last.

SaaS Interviews with CEOs, Startups, Founders
EP 339: The $10M Website Seller Empire Flippers

Well, you know, because they use it as a sales tool to help drive more sales, but they don't really know our business as well, so they can't handle support questions.