FastFood.com to be Auctioned

[stscac]

General Information

The auction will begin at 12:00 noon, EST, on Tuesday, November 28th, 2006
Opening minimum bid price is $500,000
All bids to be in US dollars
The auction will last for 7 days once the minimum price has been met
This is a private auction and all participants must pre-qualify
All information is confidential

Auction
The domain name FastFood.com will be listed for auction on Tuesday, November 28th, 2006, at 12:00 noon, EST. The auction will last for 7 days after the minimum bid price is met, unless a bid is received in the last 24 hours of the auction. If a bid is received within the last 24 hours of the auction, the auction will be extended for an additional 24 hours. The bidding will continue until a 24 hour period has passed without any higher bids.

Bidding
All bids will be submitted by e-mail by those who have pre-qualified for the auction. The minimum bid price will be adjusted each time a new bid has been received. Only offers meeting the minimum bid or higher will be accepted. The first offer received meeting the current minimum bid will be accepted, even if a higher offer is received immediately after.

During the auction, the minimum bid price will be posted and adjusted to reflect the current required minimum bid amount. Each high bidder will receive a confirmation e-mail confirming that their bid has been received and is now the high bid. After each new bid meeting the current minimum bid amount, an e-mail will be sent to the previous high bidder notifying them that their bid is no longer valid. E-mails will not be sent to other bidders and it is the responsibility of each bidder to monitor the auction on the web site.

More information is available on the website:
http://fastfood.com/For_Sale.htm

-Steve

 

[cache]

$500K min price, a lot of money, but I think it is worth it and probably will go higher.

 

[Ronald Regging]

Maybe I'm just not seeing it, but if I want fast food, I get in my car and drive to McDonald's, BK, KFC, Taco Bell or Wendy's... I don't get on my computer and search for it...

 

[HcDomains]

Maybe I'm just not seeing it, but if I want fast food, I get in my car and drive to McDonald's, BK, KFC, Taco Bell or Wendy's... I don't get on my computer and search for it...

Same to me :hehe:

 

[Chappy]

I'd estimate $100K for this one ... but who am I?!

 

[ablaye]

Minimum bid $500,000?? I don't think that many people will be bidding. Although this is a good domain name, I can't think of how someone would make money with such a domain name. I wonder how often the keyword "fast food" is searched on the internet.

 

[gingerbreadweb]

Maybe I'm just not seeing it, but if I want fast food, I get in my car and drive to McDonald's, BK, KFC, Taco Bell or Wendy's... I don't get on my computer and search for it...

My thoughts exactly! Personally, I think fastfood.info would be just as good for a fast food website, as all you can do online is provide information about it really - especially with such a generic name rather than a brandable one. Having said that, I bet fastfood.info never sells for $500,000!

 

[rrsae]

Having said that, I bet fastfood.info never sells for $500,000!

u wanted to say fastfood.com

 

[gingerbreadweb]

u wanted to say fastfood.com

No... I was suggesting .info was more appropriate for the domain "fastfood", but that I doubt it would sell for as much as .com :hehe:

 

[Domagon]

Nice name for sure, but the seller provides little real information about type-ins, revenues, etc.

OVT with extension is 280 and Alexa traffic rank is 656,258. Ok, but not exceptional.

Both OVT and Alexa measures are of questionable reliability, but provide a good guide when one has little else to go on when it comes to gauging traffic.

With all that said, it's possible the domain could sell at $500K+, if the seller gets enough publicity of the sale.

It's likely a serious buyer(s) will wait until the auction is over and then make a private offer ... I say that because I don't see anything exceptional about the domain to force one to act now in the auction at that minimum bid level.

Ron

 

[Jo]

Maybe they could develope a site with all the fast food listed with calories and nutrition information.

Oops just visited the site and it looks like they already have but they also have job openings and other stuff.

 

[gazzip]

I remember seeing this name in the appraisal section here a while ago - I know here in Britain there is a strong effort underway to encourage people to eat far less so called "fast foods".

For that reason I think the phrase has a bit of a negative association here in the UK JMO

$500,000 minimum sounds like way too much money but it will be interesting to see how it goes - If some of the big outlets like the idea then anything is possible.


.

 

[Keynes]

News flash: It will not sell at that price.

 

[stscac]

Maybe they could develope a site with all the fast food listed with calories and nutrition information.

Oops just visited the site and it looks like they already have but they also have job openings and other stuff.

That's what I was thinking when I saw the price.

News flash: It will not sell at that price.

Put it on Snapnames and it would.

-Steve

 

[RegFee]

I wonder how much traffic the site gets from type-ins. I would think that would be very targeted traffic. Also, imagine how much news it would make if McDonald's bought the name for $1mil

 

[Keynes]

The term"Fast food" is almost pejorative as the fast-food companies seek to rebrand/orient themselves as upscale/healthy, etc. to increase margins. Thus, I don't think the typical end users here have much, if any, interest in the name.

 

[RegFee]

It doesn't matter if KFC stops calling itself Kentucky Fried Chicken or if McDonald's stops "Super Sizing", people will always call it fast food. I'm sure there's at least one end user who realizes this.

 

[Ronald Regging]

I dont think it has a chance of getting even close to $500k..
Have there been any comparable two word sales? I'm seeing WirelessPhone.com and FunGames.com hitting around $350,000 each. But FunGames.com has about 10x more OVT w/ext than Fastfood.com and WirelessPhone.com has more commercial potential. For that matter, so does FunGames.com. Unless they invent some kind of way to order a burger and fries online, then download it hot and fresh to your desktop, I just don't see what value a company could derive from the domain.

 

[estibot.com]

The term"Fast food" is almost pejorative as the fast-food companies seek to rebrand/orient themselves as upscale/healthy, etc. to increase margins. Thus, I don't think the typical end users here have much, if any, interest in the name.

I agree completely. 500K is completely unrealistic. If I had a fast food chain I wouldn't want to brand it as fast food. It's not very trendy.

My appraisal: $xx,xxx

I've regged better names than fastfood.com (that's what I like to think anyway...)

 

[geek]

If the domain really that good he would have already keep it instead of selling it.