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Hey, all. I just got an offer from someone to buy my business.
I've had people interested in it before, but the deals didn't pan out.
In a nutshell, I'm wondering how to valuate my business. I've seen all kinds of different formulas, and have no clue which to use.
Here's some quick stats:
I've seen estimates anywhere from $500,000 to over $18,000,000 depending on the calculators I use, lol. So, I'd appreciate some help.
My business is growing extremely rapidly, so unless I get a really good offer, I probably won't sell. That being said, a good offer of $1,000,000+ could give me a ton of nest egg money to start a new business venture, and this time, I'd be starting one with all the experience I have, so it would end up growing 10x faster than my current business did.
This is a very key moment in my career, especially because I'm only 25 years old, so this decision could have a very long-lasting impact. Hence, why I'm here - to see if I can gleam some advice from entrepreneurs who have not only talked the talk, but walked the walk.
Any help from the veteran entrepreneurs here would be much appreciated! Thanks, guys
I've had people interested in it before, but the deals didn't pan out.
In a nutshell, I'm wondering how to valuate my business. I've seen all kinds of different formulas, and have no clue which to use.
Here's some quick stats:
- Industry Stats
- Affiliate Advertising Industry
- Health/Fitness & Self-Help (Dating, Making Money, etc.)
- Website Niche is Very Versatile, So Can Be Monetized w/ Almost Anything
- Growing Industry (All Online)
- Website Metrics
- 120,000 New Users/Month
- 2018 to 2019 Unique Users Growth: +693%
- 2019 Q4 to 2020 Q1 Unique Users Growth: +198%
- Income Metrics
- Earned ~$111,000 in 2019
- 2018 to 2019 Net Revenue Growth: +61%
- 2019 March to 2020 March Net Revenue Growth: +157%
- 2019 Q4 to 2020 Q1 Net Revenue Growth: +47.7%
- Operating Costs Metrics
- 2019 Baseline Operating Costs: $1,100/month
- 2018 to 2019 Operating Costs Growth: +5%
I've seen estimates anywhere from $500,000 to over $18,000,000 depending on the calculators I use, lol. So, I'd appreciate some help.
My business is growing extremely rapidly, so unless I get a really good offer, I probably won't sell. That being said, a good offer of $1,000,000+ could give me a ton of nest egg money to start a new business venture, and this time, I'd be starting one with all the experience I have, so it would end up growing 10x faster than my current business did.
This is a very key moment in my career, especially because I'm only 25 years old, so this decision could have a very long-lasting impact. Hence, why I'm here - to see if I can gleam some advice from entrepreneurs who have not only talked the talk, but walked the walk.
Any help from the veteran entrepreneurs here would be much appreciated! Thanks, guys
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