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How much should I ask for my business?

I have a site, TenantSeek.com, that has made about $4k profit in 3 months since the site has launched in February. I am looking to sell it but unsure about the asking price that I should list. I need to sell it rather quickly but at the same time don't want to sell it for much less than its worth. How much would you recommend that I sell it for ?

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The BAF Group LLC
MD

Most business will not sell for much at all, until they have been operable for about three (3) years. Until that time, the Buyer cannot determine much in the way of real trends; a 3-month trend could be a matter of curiosity that will dissipate over time, rather than being a function of growth that will last. Most businesses that crash, do so within the first 18 months of their existence. Web Sites can be sold more quickly, but not necessarily within a 3-month period. One way to sell it is through an "earn out". You can maximize the proceeds that way, while allowing the Buyer to take minimal risk.

Jun 12, 2013