Contents

How You Can Be a Shark in the Online Business Tank

Introduction: You’re Busted—Face the Camera

1. Why Buy Websites?

Is Website Investing Truly Passive?

Traditional Businesses vs. Websites

Case Study: Healthy Business

2. Where Do You Find Websites for Sale?

Website Brokers

Marketplaces

Flippa

Private Deals

Networking

Website Buying Groups

Case Study: Abracadabra

3. Narrowing Down the Search

Niches

Purpose

Let the Opportunities Come to You

4. Business Models

Advertising

Affiliate Marketing

Services

A Quick Word on Outsourcing

eCommerce—Selling Physical Products

Leads

Subscriptions

Email Marketing

Comparison of Revenue Sources

Case Study: Me, a Media Mogul

5. Evaluating a Website

Source Documents

Ownership

Revenue

Expenses

Estimating the Cost of Your Time Invested

Financial Risk

Evaluating Customers

Traffic

Links

Content

The Competition

Reasons for Selling

Dependencies

Your Knowledge of the Website’s Business

6. Evaluating Future Potential

7. Other Countries

Domains

Websites That Target Specific Countries or Cities

Language Differences

International Market Potential

8. The Fast Flip

9. Valuation: How Much Should You Pay for a Website?

Assess the Risk Profile

Adjust for Future Potential

What Multiples Are Sites Selling For?

Your Time

Other Valuation Considerations

Other Valuation Methods

Case Study: Being Conned

10. The Auction and Negotiation

Ingratiation

The Auction

Reserve Prices

Seller’s Reputation

Communication

Non-disclosure Agreements

Non-compete Agreements

Getting Creative

Case Study: Pure Mountain Pee Pee

11. The Handoff

Sales Contracts

Non-compete Agreements

Paying for the Website

Escrow

Physical Transfer of the Website

The Inspection Period

Pulling the Trigger

Case Study: The Furniture Business

12. It’s Mine; Now What?

Getting Help

Measure, Measure, Measure

Financial Tracking

13. A Word About the Mobile World

14. Do You Need a Business to Own a Website? No, but…

15. When to Sell and How to Do It

Getting the Best Price and Developing Relationships

Preparation

The Sales Listing

Frequently Asked Questions

Listing Your Site for Sale on Flippa

The Auction

Communications

Case Study: A Soft Spot for Software

What To Do Next

About The Author

Acknowledgments

Resources

The Website Buying Process

Effective Sales Pitch Components