NameSilo

DogGroomers.com sold for $104,000

Labeled as sales in Domain Industry News, started by Dave, Jun 14, 2021

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  1. iAdam

    iAdam iadam.com Gold Account ★★★★★★★★★★

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    He probably could get groomers for that much. Overpaid for sure.
     
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  2. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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    I agree.

    Having watched the complete video, I think that buyer is a great guy and entrepreneur. I heard him say that he didn't use his usual negotiation tactics for acquiring this domain, because the seller is a well-known domainer. That's why my personal conclusion is that the seller profited (a lot) from being a well-known domainer. Buyer paid a premium (just) for doing business with a well-known domainer.

    Congratulations to both of you, you're both pros.

    Buyer mentions in his video the opportunity costs. For the same amount of $104K he could have bought a combination of other domains and have better business opportunities. He kind of regrets/doubts this acquisition already, but he isn't completely sure. His aunt is a dog groomer, too.

    I wish the buyer lots of success (re)developing this beast into a flourishing business.
     
    Last edited: Jun 15, 2021
  3. NUMDN

    NUMDN Restricted (Market)

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    I don't think the buyer has overpaid for it. He has done a good homework before buying it for that price and most importantly this domain was developed earlier and has a good number of backlinks and 20 domain authority.
    Good Luck to the buyer!
     
    Last edited: Jun 15, 2021
  4. AEProgram

    AEProgram Top Contributor VIP Blue Account

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    If someone is an expert in the directory business this is a perfect name and underpaid, if not they overpaid.

    EMD's (only the best in a category) are worth millions for the right marketing group and worthless for the wrong.

    Most of the top two and three word domain sales in history were EMD's and that will continue to be the case.
     
  5. NickB

    NickB it's a mystery VIP

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    He'll get his money back

    Use a tool like https://archivarix.com/en to get the old site back, spruce it up, get the traffic flowing, add a directory, do some outbound to companies to list and get the monthly fees & commissions rolling in....and voila.....

    He will be fine......
     
  6. imskynet

    imskynet Upgraded Member Gold Account

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    Congratulations to the seller Buyers may regret
     
  7. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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    Oh sure, he will. But buyer is mentioning the opportunity costs himself, in his video. He could have done better domain investments with the same amount, giving him higher results, he says. It's fair to think that way as an investor with 8 people working for him.
     
  8. NickB

    NickB it's a mystery VIP

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    What does he want....People to get out the violin and play him a little tune?......He's bought it, he's got to make it work and learn from it.......next time he can go and buy 8 domains......maybe

    Should of done the thinking before buying it.....the benefit of hindsight, as usual.......
     
  9. the_poet

    the_poet Top Contributor VIP ★★★★★★★★★★

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    He definitely paid enduser price.
     
  10. johnn

    johnn WeSellName.com PRO VIP ★★★★★★★★★★

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    Let just congratulate the buyer and the seller. There is no need to do a complete analysis. It’s a done deal.
     
  11. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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    Johnn, buyer asks for comments on this deal himself in the video.
     
    Last edited: Jun 15, 2021
  12. johnn

    johnn WeSellName.com PRO VIP ★★★★★★★★★★

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    I know. Just congratulate him to make him happy. No one know the actual price of a name anyhow.
     
  13. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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    Well, we've already congratulated both parties. This forum is a great resource to talk about acquisitions like this, and learn from / educate each other. It would be a dull forum without.

    Your postings for newbies educate as well, and that's appreciated. This is a deal in practice. Unsubscribe from this thread if you don't like us to discuss further.
     
  14. Silentptnr

    Silentptnr Domains88.com VIP

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    These are from the last 12 months...two word names...

    fivenines.com 100,000 USD 2020-06-30 GoDaddy
    fanbase.com 151,000 USD 2020-08-16 GoDaddy
    expireddomains.com 125,000 USD 2020-09-15 NameMarket.com
    selfmade.com 977,500 USD 2020-10-31 GoDaddy
    foreveryoung.com 150,000 USD 2020-11-08 DomainSource
    homefinance.com 100,890 USD 2020-11-08 BuckleyMedia
    clearstreet.com 125,000 USD 2020-11-30 GoDaddy
    hairplus.com 110,000 USD 2020-11-30 GoDaddy
    candyshop.com 112,125 USD 2021-03-28 PerfectName
    copymarkets.com 181,188 USD 2021-04-27 Sedo
    exchangerates.com 180,000 USD 2021-05-09 RightOfTheDot

    Seems single, dictionary words go for much more...

    tattoo.com 812,000 USD 2021-05-09 RightOfTheDot
    wolf.com 550,000 USD 2021-05-09 Pvt Sale
    james.com 440,000 USD 2021-05-09 DomainBooth
    snappy.com 415,000 USD 2021-05-09 GetYourDomain
    exodus.com 1,945,000 USD 2021-05-06 Private

    Here's the entire search which is all sales above 100k.
    https://namebio.com/?s==kDMyYTOxMzM
     
  15. Zanok

    Zanok Loading... VIP Gold Account

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    Legend says this domain would have been sold for $6 even after 93 exclusive super mega daily bin drops in auctions here on NamePros... :banghead:
     
    Last edited: Jun 15, 2021
  16. Silentptnr

    Silentptnr Domains88.com VIP

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    So I do think that there are alternatives (since it's about development anyway), available for reg fee...

    Maybe not as good but reg fee.

    areagroomers com
    opengroomers com
    groomersnearby com
    groomersnear com
    alldoggroomers com
    idoggroomers com
    edoggroomers com
    dawggrooming com
    gotgroom com
    walkingrooming com
    wegroomers com

    and so on...many available to hand reg for development.

    Personally, I probably would have not made the deal at that price.
     
  17. Future Sensors

    Future Sensors 78% of human domainers will be replaced by robots Gold Account

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    Thanks @Silentptnr

    The dominant market leader in this field (I think) does a good job even without having an EMD.

    This global website pops up in my SERPs for dog grooming, with my City name (in NL) in the title. Well done.

    https://www.petbacker.com/

    and also with local ccTLDs per country, e.g.

    https://www.petbacker.nl/
     
    Last edited: Jun 15, 2021
  18. RogueWriter

    RogueWriter Top Contributor VIP ★★★★★★★★★★

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    Nice transaction. Now, estibot suggested 'value' is $3,700, and godaddy was just shy of $6k. I think two takeaways from this transaction should be to never base value on automated services, use your experience, and to understand the true value of the niche and type of domain you are selling.
     
  19. kite26

    kite26 Fearless Bird VIP

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    I agree, but you need a dose of luck because you need to meet the Special One end user for such sales.
     
  20. noneisnone

    noneisnone 444 VIP Gold Account

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    for a fraction of the price he could have picked up a 80 DR 80 DA domain with better backlinks i don't think seo was a motive in anyway shape or form
     
  21. Silentptnr

    Silentptnr Domains88.com VIP

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    I think I spent too much on this one but...

    g r o o o m e r . c o m

    $6.99 hand reg.

    Thinking of a logo. Maybe a dog face using the 3 o's. :)
     
  22. blogspotter

    blogspotter Top Contributor VIP ★★★★★★★★★★

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    I don't see no dog
     
  23. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    Outside some lead generation directory, I can't imagine this price being justified to one specific end user in this field.

    Brad
     
  24. DomainRecap

    DomainRecap Top Contributor VIP

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    Weird purchase, as the buyer definitely overpaid if he's looking to market and resell this as a pure domain name, and conversely, if the buyer has a clear business plan to attract Dog Groomers to a paid online service, there are a lot of less-expensive alternatives (with significantly greater ROI) that I would have explored first.

    But hey, it's not my money and I wish him well in his future endeavors.
     
    Last edited: Jun 15, 2021
  25. iAdam

    iAdam iadam.com Gold Account ★★★★★★★★★★

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    I'm sure your wife will not approve this.
     

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