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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

Our process for building sites wasn't as profitable.

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

It was when we started and that's when we started brokering deals.

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

Yeah, probably 15 or so.

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

So we, if you look all time, we've sold better than 90% of the businesses we've listed, but that's, that's a little off because you figure we sell a lot of sites in the $15,000 range, $50,000 range.

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

We've been moving up the value chain into the 300, 500, $800 million listings.

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

And those are still relatively new for us.

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

I'm not sure how well those are gonna sell.

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

They tend to stick a little bit longer, but the other sites move really, really quickly.

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

So like a $40,000 Amazon affiliate site, generalizing, it'll last longer than 30 days.

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

No, that's how many were listed.

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

Maybe we had one or two that bought multiple properties, but generally it's a unique buyer.

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

So it used to be, there was 30,000 last year.

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

It's about 70 something thousand.

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

I don't know, April, I can tell you this year to date, it's around 70 something thousand.

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

So we've, that's gone up significantly for us.

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

Because that makes, I mean, we can, we can do the same amount of deals, double the average deal size and make a ton more money.

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

Uh, that was 176 deals last year in 2015 for 4.56 million.

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

Well, we sold a lot of small sites around two, $3,000 sites.