View Single Post
Old 10-22-2020, 01:36 PM  
trevesty
Confirmed User
 
trevesty's Avatar
 
Industry Role:
Join Date: Aug 2006
Location: Midwest
Posts: 3,793
Quote:
Originally Posted by movieguy View Post
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)
Agreed with the above.
trevesty is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote