Re:Cheddar is For Sale
by fourstar on Saturday January 05, 2013 @04:29PM
(#5014133)
You'd probably have more success posting this on Flippa if you haven't already.
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Re:Cheddar is For Sale
by propercoil on Saturday January 05, 2013 @04:57PM
(#5014223)
They will get crushed on flippa. On flippa your value is about 10 month incomes worth - this is the market right now. So if they did $1000/m for the last couple of months (neto) they would get $10,000, $11,000 tops.
Haven't heard of that. I'll post it. Thanks!
I would set the minimum bid on Flippa far lower than the $125,000 asking price if you want to get any interest on there. People on Flippa are not startup guys and are a lot more realistic about valuation. I for one would be interested in exploring buying this, but it's not worth anywhere near what you're asking, so it's a non starter for me.
Re:Cheddar is For Sale
by 1123581321 on Saturday January 05, 2013 @04:53PM
(#5014210)
Two separate points there. On Flippa, you want to start lower to generate interest and start bidding, but you want the bidding to build up to a higher amount. But it's also true that Flippa users tend to be "value investors" not ones who buy high potential. They also are not developers.