- Joined
- Aug 30, 2003
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- 337
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Have your limo take you to the airport, get in your private jet and visit this guy in person.
You shouldn't conduct a 1-3 Million dollar deal over the internet.
Since you are the only one that knows the domain name, you are the only one that can decide whether to buy or not.
I wasn't asking you or anyone here whether I should buy it or not. I was asking what other due diligence I should exercise on the issue of revenue and traffic before I make an informed decision on whether to pursue discussions any further with the seller.
---------- Post added at 10:46 PM ---------- Previous post was at 10:43 PM ----------
Big warning signs flash when you say "NET" there. "average NET proceeds exceed $1K/day" That makes it sound like the owner is using arbitrage (buying traffic for cheap hoping the visitors will click higher paying ads), and the NET profit (revenue minus cost of traffic) is $1000/day. The buying traffic could be in forms like billboards even where it results in type-in visitors recorded but there are big expenses behind driving that type-in traffic.
As I understood it, net revenue was the revenue paid out to the client after the parking company takes its cut, expenses, etc.