I was having a chat with a good buyer of mine today and he was considering selling his business and was curious what his might be worth. I speculated and said his business was probably worth 6-18 months worth of net revenue.
Just like all business owners they feel their businesses are worth a bit more than what the market thinks, but that is natural as it's their baby.
If a buyer was willing to give you 6-18 months worth of net revenue for your sites/business would you be willing to sell? Is there a magic number you have in your head that you will not sell for anything less? Also would you agree to a non-compete if the buyer met your price and had it in the contract?
Just an F.Y.I. my magic number is 1 billion dollars ;)
DH