Empire Flippers

“It all comes down to the multiple It's a multiple of net monthly profit. And sometimes it's annual, sometimes monthly, depending on which broker you talk to with us, it's monthly. And you're generally going to get somewhere between 24 X and 36 X for your busin…”

“I think there's a huge, there's going to be a huge industry there. I just think it's really, really early. So we're starting to see other people do that. So it's not just us. And I think that's going to be really big.”

“We raised 800,000 from 11 investors and put together a portfolio of sites.”

“We did a 1.9 million in Q one. And in April we did just over a million dollars. So our growth has been pretty rapid, especially the last 12 to 18 months or so.”

“So we, if you look all time, we've sold better than 90% of the businesses we've listed, but that's a little off because you figure we sell a lot of sites in the 15,000 dollar range, 50,000 dollar range.”

“We charged a 15% fee on every business we list and sell.”

“I can tell you the biggest sale we've had. We just sold a deal last month for 550,000 dollars was a content play, mostly Amazon affiliate marketing, makes the most of the money through the Amazon associates program.”

“So we did 4.56 million in sales and that was on 176 deals. So in terms of money we took in for empire flippers is about 700,000 dollars.”

“I think we're getting close to ten million in total sales, so maybe nine point something right now, ever.”

“To be honest with you though, Nathan, we make very little money on that. That's more of a filter to keep the kind of like, you know, the people are looking just to get a valuation or they're not terribly serious about listing. They're just kind of, you know, t…”

“Over time, we had more demand than we were able to supply. Our process for building sites wasn't as profitable as it was when we started, and that's when we started brokering deals.”

“If you're going to go to Empire Flippers, you're looking at deals that are 100,000 dollars and up, mostly.”