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❓ASK Selling forums for $20,000+ (How it's done safely?)

BMF

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As a forum owner, I got couple offers from interested marketers, and I know for sure 2 of them were legit buyers and highly interested.

I wanted to share with you a little bit of information maybe it will be helpful to other forum owners who wanna sell or even buy a successful forum.

So first you work hard on your forum, launch, population, investments after investments in content and promotion and finally after couple years you get to the point where the forum is doing well, there's revenue coming from left and right and you doing ok. At this point, you will see marketers coming to you with offers to buy it from you.

They will first ask your forum stats, last 12 months especially... for revenue and traffic of course.

You forward the stats, real stuff, no bullshit so that in case they wanna verify you can do so via TeamViewer or give admin access etc.

After that, they will ask the price, in case you didn't know the price for a general website is at least 12x monthly profit. But since you have a forum it can go up to 30x monthly profit and even more if you confident your project is here to stay 10 years + in the niche as an authority site.

So now you have a clue about your site value, you may ask for offers, personally, I have been offered so far 2 times $10,000 and one time $20,000 to sell BMF right now and I passed both offers.

In case you satisfied with the offer the best way to sell without getting scammed is by using Escrow service. Money is held and a fee is paid. That's how you do business online.

If you guys have any questions let me know and I'll do my best to answer it.

Regards,
Mr. B
 
I work mostly offline just coming online a bit now to work. I will one day want to own a forum and I'm sure this information will be helpful. Escrow services where exactly can we get it?
 
selling this forum would be a bad idea , even for x10 of this price , since it's more like business and it will generate even more of that income , but more regularly :)
 
I am assuming at this time your forum has grown its worth by 4x from the last time you posted.I cannot believe in my wildest imagination that you will sell it off now.
 
You don't have to sell a forum, you can sell any profitable website. I once saw how a profitable website sells for 20x of its monthly earning. Just be careful wneh buying site.
 
No doubt BMF as really grown fast, if Mr B decides to sell the forum today the cost must be very high that he will use it to invest in a bigger business. Personally I won't advise that .
 
Wow Mr. B firstly thank you so much for all this helpful information and secondly, thank you for not selling this forum you are a legendary admin and I would be afraid if you left by selling it other owners.
 
I hope you will not sell it because if you sold it, we do not know what will happen with the new board. We like the forum and make money. However, I think it is worth more.
 
The forum admin is no longer interested in selling the forum, again I think this thread was started back then in 2018 so don't just bother yourself there is no issue with the forum. Anywell I have a forum which I will love to sell but the hosting is free you will need to host the forum before you can make anything out of it. Interested person can send me a private message.
 
This thread is meant to educate members on the knowledge of how to sell a website or a forum, I don't think Mr. B want to sell it anytime soon lol.
 
Escrow is a nice solution between two parties that you have mentioned unless other party or guy is very much familiar and trusted for a flexible deal.

Good to know about offer values but are you sarisfied with $20000 ? I mainly fly in trading and have less knowledge regarding a well established website value. I am a designer and seller at brandbucket where prices are sky higher for short brand names and I saw they sale nearly 2 domains (with logo) on average day.
 
This thread is meant to educate members on the knowledge of how to sell a website or a forum, I don't think Mr. B want to sell it anytime soon lol.
I love what you posted here if he already have this plan that was back then I dont think he has any further intention to sell the forum, but if you have a free forum you want to sell then you can advertise it here ,I have a free forum and I want to sell it for money.am not getting anything from the forum since I created it thou I have not put more work on the forum but If I dont see buyer to sell the forum I will abandon it there till I have time to invest in it.
 
For me i wouldn't think of ever selling my site when I decide to get one. It was be a lifetime investment for me and it wouldn't make sense selling it. Good that you aren't selling Admin.
 
This thread is meant to educate members on the knowledge of how to sell a website or a forum, I don't think Mr. B want to sell it anytime soon lol.


Hahaha I think people have really gone off on a tangent here ? maybe it was just panic at the prospect of losing the site.
 
Hahaha I think people have really gone off on a tangent here undefined maybe it was just panic at the prospect of losing the site.
This was back then I dont think the admin still have the mindset of selling the forum,anywell I have someone who own a forum that is for sell,thou the forum us free forum and its not yet hosted if you are interested please reply this thread
 
This was back then I dont think the admin still have the mindset of selling the forum,anywell I have someone who own a forum that is for sell,thou the forum us free forum and its not yet hosted if you are interested please reply this thread

Oh, thank God that was in the past! Yeah, I think the site is probably well enough for the admin NOT to want to sell it.
 
Oh, thank God that was in the past! Yeah, I think the site is probably well enough for the admin NOT to want to sell it.
he dosnt have such intention anymore,there are so many other people that want to sell their forum so you can look elsewhere,this great forum is not for sell the admin is really working very hard to ensure the safety of this forum bmf is one of my great forum that I ever work with long live the admin
 
he dosnt have such intention anymore,there are so many other people that want to sell their forum so you can look elsewhere,this great forum is not for sell the admin is really working very hard to ensure the safety of this forum bmf is one of my great forum that I ever work with long live the admin

Well, that's great to know and I'm glad to hear that - it's very reassuring ? I'm very new here so sometimes when you hear things you just don't know what to believe.
 

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