Quote:
Originally Posted by TimBlaze
I got an offer to buy my main website which is my main source of income...it earned (gross) 47k in 2007 and 36k in 2008, which is a decent drop, but its bouncing back for 2009. the offer is $60k with a $15k down payment and the rest to be paid out over 3 years. buyer wants to keep me on as co-webmaster for $500-750/month after sale.
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Dude that is a TERRIBLE DEAL.... think about it.
Your average sales are $41,500 per year. That means you are bringing in $3458 per month. Why would you give that up to make $750 per month while doing the exact same work you're doing now?
Don't sell your site - keep it and keep working at it. You'll be much happier.
Offer to make a site for him for his $15k down payment and then sell him your webmaster services for $750.00 a month. He will be getting a good deal AND you get to keep your site and your current monthly cash flow.
