Flippa Friday: MetalCarportsAndCarportKits.com Sells For $21,200

Okay, I know what you’re thinking, damn is MetalCarportsAndCarportKits.com a terrible domain name. I’m not going to argue with you there, it really is one of the crappiest domains I’ve seen in a long time…but it is a business that makes over $1,000/month and that’s why it sold for over $20,000 on Flippa three days ago.

flippa_sale

I think we can all agree that if anyone offered us that domain alone for even $5 we’d laugh in their face and say, “not a chance!” This is a great example though of how just about any domain on the planet, once developed and with a reasonable business-model behind it, can make money and generate revenue.

Now, don’t get me wrong, I’m not saying you should go find the worst domain you can and develop it into something great, but just think of how much higher this could have sold for if the domain was a bit better. Either way it sold for ~20x monthly revenue which is a bit low in my book but heck, the domain is absolutely abominable so that may have hurt the multiple a bit.

Still, if you look at the stats – it’s a PR2, it gets 44,500 pageview/month and makes over $1,000 with AdSense. There is a lot that could be done to really pump-up that revenue with some better monetization options and tweaking so in my mind this is not a bad deal for the buyer…except that he has to tell people that he paid over $20,000 for MetalCarportsAndCarportKits.com 🙂

Other notable sales on Flippa this week were:

{ 4 comments… add one }

  • Acro May 20, 2011, 6:21 pm

    A lot of Flippa listed sales are outright scams by their sellers. There are many ways to cook up traffic, even produce fake adsense and analytics reports. There is no way in hell this domain makes what it claims. Search for “metal cartports” or “cartport kits” in Google, where is the domain at? I pity the buyer.

    Reply
  • Shiphouse May 21, 2011, 8:23 am

    I agree with acro – In my opinion I can’t see how Flippa continues as a viable business. They should have a clearinghouse in place that confirms the independence of the buyer and seller. When people see crap like this their eyes get huge and it takes them down the path of chasing a dream that in no way is reality. Flippa along with many other domain/ecommerce/affiliate related sites should be forced to have disclaimers of “buyer beware”.

    Also was it sarcastic when you said that you thought a 20x multiple on net “revenue” was a bit low??? That is extremly high in my book.

    Reply
  • Acro May 21, 2011, 6:54 pm

    Another such example can be seen at https://flippa.com/139777-5000month-autopilot-no-work-required-huge-traffic

    Note how the common denominator in all those auctions is the “we need to sell because there is another huge project in the works’ and that earnings are estimates based on past performance or no performance at all. Traffic is bought. Those folks that sell “traffic’ and “revenue” sites on Flippa have turned this into a quick exploitation scheme that fools naive investors.

    Reply
  • Kev May 21, 2011, 9:32 pm

    The .net is available. MetalCarportsAndCarportKitsonlinereviewstore.net

    Reply

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