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Domain Discussion
Domain Name News
Translate.com sells for $853,000
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<blockquote data-quote="ukbackorder" data-source="post: 2284124" data-attributes="member: 5382"><p>Yes I know. The figures said something like 400k revenue and 330k cashflow (hinted profit hence my estimate of $30k per month) for 9 months. It was also stated that there was hardly any work or outlay. There was no mention of debt. Obviously a buyer would have needed to see P&L but unless the costs were something like 90% of the revenue (hard to see why that would be the case in this market) then this is an appalling deal for the seller as the domain itself is worth 500k+. Anyway it is my experience that stats mostly fail to be true when placed under scrutiny.</p></blockquote><p></p>
[QUOTE="ukbackorder, post: 2284124, member: 5382"] Yes I know. The figures said something like 400k revenue and 330k cashflow (hinted profit hence my estimate of $30k per month) for 9 months. It was also stated that there was hardly any work or outlay. There was no mention of debt. Obviously a buyer would have needed to see P&L but unless the costs were something like 90% of the revenue (hard to see why that would be the case in this market) then this is an appalling deal for the seller as the domain itself is worth 500k+. Anyway it is my experience that stats mostly fail to be true when placed under scrutiny. [/QUOTE]
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Translate.com sells for $853,000
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