Sign in to confirm you’re not a bot
This helps protect our community. Learn more
Grow This Travel Niche Online Business Beyond $9500/mo - Hosting James Camp from Nano Flips
8Likes
357Views
2024Jan 31
Get more of these videos in your inbox by joining my weekly newsletter, Remote Revenues, here: https://remoterevenues.freefinancials... ====================================================== Hey there, Shlomo here! 👋 Today, I've got a special guest, James Camp ‪@realjamesoncamp‬ from Nano Flips, Amazing Newsletter (!!), helping me review another exciting business listing. Let's dive into cruisemaven.com and geek out on growth tactics, green and red flags of this opportunity! Here is the listing we reviewed: https://flippa.com/11655028?buy_sell=... Key Points: • Special guest: James Camp from Nanoflips Newsletter. • Cruisemaven.com: An award-winning travel blog focused on cruising, trips, advice, guides, and breaking cruise news. • Seller: Sherry Kennedy (blogger behind Cruise Maven). • Initial Offer: Under offer • Due Diligence: Does the listing pass the sniff test? Is the seller verified? • Seller Verification: Sherry Kennedy is the blogger selling it – a positive sign. • Due Diligence Checklist: A series of check marks – not perfect but hoping for enough positives. • Pricing: Classified listing, high asking price, potential negotiation opportunities. • Market Multiplier: Higher than the current market range, negotiation possibilities. • Revenue: $9,500/month profit, 17-year-old website, expensive listing. • Financials: PNL analysis, potential negotiating points, seasonal revenue drop. • Revenue Streams: Mediavine ad platform, Amazon affiliates, potential for diversification. • Opportunities: Explore travel affiliate programs, direct sales to advertisers, Pinterest potential. • Engagement: Newsletter with 7,800 subscribers, opportunities for promotions. • Website Strength: A 17-year-old site with substantial organic keywords and backlinks. • Competition: Comparisons with other cruise-related websites. Valuation: Considerable potential but advised to negotiate for a lower price. • Post-Purchase Support: Importance of seller responsiveness. • Potential Strategies: Seller financing, retaining a small equity stake, or selling to a strategic buyer. Final Thoughts: • Good site with potential. • Unfortunate hit due to algorithm updates. • Consider negotiating for a lower valuation. • Opportunities for growth with the right strategy and management. Join us as we navigate through the nuances of cruisemaven.com, sharing insights, and having a blast geeking out over this exciting business listing! Let's make informed decisions and potentially find the perfect fit for the next owner! Check out my previous videos to help you find good deals: Micro SaaS App website for sale on Microns:    • Buy Online Business(#34) - Micro SaaS...   Drone Ecommerce website for sale on Flippa​:    • How to double this $500,000 online bu...   AI Fitness Tool for Sale on Microns​:    • How to buy website that makes money? ...   ======================================================= Get more of these videos in your inbox by joining my weekly newsletter Remote Revenues here: https://remoterevenues.freefinancials... Timecodes: 0:00 - Introduction 0:58 - The Website 02:23 - Reviews 4:40 - Multiplier | Calculation 6:20 - Performance Overview 9:23 - Profit & Loss | Opportunity 12:26 - Newsletters | Subscribers 14:54 - Operations | Content Writing 16:46 - Operating cost | P&L 18:00 - Articles | Content 20:40 - Visitors | Revenue 23:31 - Engagement | Analytics 27:22 - Ahrefs Analysis 30:27 - Final Thoughts

Follow along using the transcript.

Free Financial Self – Buy & Scale Digital Assets

705 subscribers