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value of website-how to determine?

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thinkingbig

PARKED
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I just wanted to know how the value of a website is determined especially when some websites do not earn money from selling anything. I am not talking about big social networkign sites or anything.

For example, look at www.villagecinemas.com.au it is worth $400000. The site does not sell anything. Surely, advertising cannot make you earn that much.

If a site is worth $400000 but does not sell anything, does the owner of the site earn anything? Its a bit confusing

Anyone know??
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

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"SCALED TO 6-FIGURE MONTHS"
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— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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