A domain name drop catching service founded in 2014 is for sale and the asking price is $1,500,000.
The service is described as “well-known and highly profitable business in the domain speculation and backordering niche.” with a “proprietary software which secures dropped domains with an impressive success rate.”
The company claims a yearly revenue of $818,600 (probably in 2015) and a yearly net profit of $500,000. Established in 2014, the business grew from 5-figures in sales to a forecasted $1M in sales in 2016.
The company also claims to have a portfolio of domains est. at $2.3M by Estibot.com.
The company is for sale on FE International that asked me to sign an NDA to provide more details. I won’t be signing anything.
After eliminating the major players in the domain name backordering scene, both due to revenue and the year they were founded, the only active and newly founded backordering service left was Pheenix.
Update: It could also be park.io that was founded in 2014.
Here is the description of the company on FE International:
Main Benefits
Source
Which do you think could it be?
The service is described as “well-known and highly profitable business in the domain speculation and backordering niche.” with a “proprietary software which secures dropped domains with an impressive success rate.”
The company claims a yearly revenue of $818,600 (probably in 2015) and a yearly net profit of $500,000. Established in 2014, the business grew from 5-figures in sales to a forecasted $1M in sales in 2016.
The company also claims to have a portfolio of domains est. at $2.3M by Estibot.com.
The company is for sale on FE International that asked me to sign an NDA to provide more details. I won’t be signing anything.
After eliminating the major players in the domain name backordering scene, both due to revenue and the year they were founded, the only active and newly founded backordering service left was Pheenix.
Update: It could also be park.io that was founded in 2014.
Here is the description of the company on FE International:
Main Benefits
- 125% CAGR since founded in 2014
- Multiple diverse revenue streams
- Portfolio of domains est. at $2.3M by Estibot.com
- Strong net margin of 61%
- Ability to reinvest profits into multiple opportunities for growth
Source
Which do you think could it be?
