Fly.com Sold for $1,760,000

[chillking]

$1,760,000 deal brokered by Sedo

I think it was worth 5 mill pluss to a airline company very brandable im sure when it was in a auction last year it said it was making $30k a month in revenue.

 

[tonyfloyd]

seems it was sold on 5x annual revenue if those 30k/month stats are accurate.....but still....i would of thought $3 million MINIMUM on this name.....

any link to story?

 

[chillking]

Travelzoo purchased Fly.com in an all cash, $1,760,000 deal brokered by Sedo. Travelzoo plans to launch a site on Fly.com in February.
Theirs a story on http://www.elliotsblog.com/index.php/flycom-sold-for-1760000/

 

[Theo]

Actual PR here.

 

[tonyfloyd]

here's the full articlel....

http://newsblaze.com/story/2009013009430200002.pnw/topstory.html

 

[Eraser]

They got it cheap. Nice buy, congrats!

 

[DomainsInc]

I think its worth more but still, I'd take it in a heartbeat. Its enough to live comfortably on.

 

[chillking]

Yes true but so is $30k per month.

 

[hugegrowth]

it will make a great travel site if done well, a good fit for the buyer.