Justin Cooke
๐ค SpeakerAppearances Over Time
Podcast Appearances
We've sold well over a thousand sites.
If you include the sites we listed, I think we're, we're getting close to 10 million in total sales.
So maybe nine point something right now ever.
Okay.
That's right.
We send out new listings every Monday and we get a huge audience of people checking them out.
We got about 20, just under 25,000 people on our email list.
About half are buyers and half are sellers, or at least they've indicated that they want to be.
All right.
So in terms of valuation on this $3,000 a month profit business, I mean, we're going to look at how old the site is or how long the site's been around.
We're going to look at expenses.
Some expenses are not necessarily or don't need to be shared or we'll add them as add backs back to the business.
So, for example, if the entrepreneur is paying themselves a salary, we're going to add that back.
That's not going to count against them in their valuation.
But it all comes down to the multiple.
It's a multiple of net monthly profit.
And sometimes it's annual, sometimes it's monthly, depending on which broker you talk to.
With us, it's monthly.
And you're generally going to get somewhere between 24X and 36X for your business.
So here's the thing, last year we tested out what we're calling the investor program.