Web Entrepreneurs Cash in Their Websites

At-home Webmasters, bloggers and community site owners are now taking advantage of the best-ever time to sell their "mini-businesses" -- sometimes for six-figure sums.

(PRWEB) April 12, 2006 -- Web entrepreneurs everywhere are rejoicing.

Buoyed by the stories of multi-million dollar acquisitions by the likes of News Corp, Google, Yahoo!, and others, a very active “website aftermarket” has emerged for budding entrepreneurs looking to strike while the iron is hot.

At-home webmasters, bloggers, and community site owners are now taking advantage of the best-ever time to sell their “mini online-businesses” -- sometimes for healthy, six-figure sums.

sitepoint.com, a popular hang-out for web professionals worldwide, has emerged as the hub of this buying and selling activity. For less than $10 USD, a seller can list a site for sale and present it to a sizable pool of interested and well-informed buyers. Most listings with established traffic and revenue sell in less than two weeks, at prices ranging from a few hundred dollars to private transactions in the six-figure range.

Recent notable sales through SitePoint include:

The Blog Herald – This leading news site about the blogging industry sold for tens of thousands of dollars through SitePoint. The seller, Jeremy Wright, advertised the blog as having 750,000 unique visitors per month and generating an annual income of over $24,000 per year.

OnlineGames.net – This active web site with over 1.5 million unique visitors per month was a sought-after property. Public bidding for the site reached $45,000 USD before the owner sold the site to an undisclosed buyer. “I received an offer that I couldn’t refuse,” said Jon, the seller of the site, hinting at a much higher selling price than the publicly listed bid of $45,000.

Stormloader – This free hosting community with over 200,000 established members that has been online since 1999 and is currently generating between $4000 - $6000 a month in revenue. The site is listed with an asking price of $70,000 and currently has offers in the $50,000 range.

Commenting on the increased sales activity in its marketplace, SitePoint CEO and Co-founder Mark Harbottle said today, “For every high profile site like Flickr.com or MySpace.com, there are literally hundreds of thousands of profitable little web sites doing very nicely for their owners. It’s fantastic to see that buyers have finally caught on and are snapping them up -- it’s an exciting time to be doing business on the Web”.

The SitePoint Marketplace can be found at: http://sitepoint.com/launch/marketplace/

About SitePoint

SitePoint specializes in publishing fun, practical, and easy-to-understand content for web professionals. Its popular online magazine, blogs, newsletters, marketplace listings and print books are read by over 2 million people every month. http://www.sitepoint.com .

PR Contact:

Matt Mickiewicz

Phone: 604 716 4638

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