jetpack
Recycles dryer sheets
- Joined
- Aug 2, 2013
- Messages
- 437
I'm currently FI and almost fully retired. I'm still operating my
business, a website, that it almost completely automated.. I
spend about 1/2 hour a day on it to keep it going. I can spend
more time on it, but there is only so much I can do to grow it.
It runs with a 95% profit margin, so it can get a lot worse before
it not making sense to keep it going. I'm thinking about a full
exit strategy.
I've been approached numerous times about selling the website,
Generally, they are in the range of 2-4x Annual Cash Flow. T
To me this seems extremely low, but my guess is that are enough
people out there that just need to money and sell their websites
that low.
Has anyone here sold there business?
business, a website, that it almost completely automated.. I
spend about 1/2 hour a day on it to keep it going. I can spend
more time on it, but there is only so much I can do to grow it.
It runs with a 95% profit margin, so it can get a lot worse before
it not making sense to keep it going. I'm thinking about a full
exit strategy.
I've been approached numerous times about selling the website,
Generally, they are in the range of 2-4x Annual Cash Flow. T
To me this seems extremely low, but my guess is that are enough
people out there that just need to money and sell their websites
that low.
Has anyone here sold there business?