Quote:
Originally Posted by SpunkFilms
I'm just tossing some ideas around at the moment and was wondering, how the heck does one go about selling a porn company? My company consists of one of the gay global foot fetish brands, including a paysite, merchandise, over 400 exclusive videos. As well as other brands and paysites.
What (realistic) value do I put on my company? Any help and advice would be great and much appreciated!
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Don't talk to Jay or Jimmy at Broker. You don't need a middle man.
Don't entertain offers here. Go to Wickedfire.com or any of the gay boards. Webmasters who run gay sites, will appreciate the value of your offering and will give you a fair price. I was present when Shap sold his company to Mindgeek, and they severely undervalued the gay side of Shap's business, simply because that was not their strength and they wouldn't know how to properly nurture it.
Don't sell for less than 5X yearly net profit, but aim for 10X. In this ultra low interest rate environment, even junk bonds are getting well less than 5%. A business that can return 10% is phenomenal.
Do have all your figures ready to show prospective buyers, and an NDA for them to sign (if you care about your numbers leaking out)