Six-Year-Old Affiliate Marketing Company For Sale on eBay
June 10, 2006 by Gaman
If you were involved with affiliate marketing as early as during the late nineties I am sure you’ve heard of the Affiliate-Announce service founded Neil Durrant in 1999.
It was later rebranded as AffiliateAnnounce after being acquired by Allied Holdings, Inc in 2005.
AffiliateAnnounce is an affiliate directory submission company. It’s a web-based company allowing the owner to relocate and operate it as a home-based business.
2005 revenue for AffiliateAnnouncement was $55,059, already surpassed by the 2006 YTD revenue of $56,890.
Average monthly revenue is $11,378 for the growing company; projected revenue for 2006 is $136k+.
If you are interested, the opening bid is only USD25, 000.
If it’s making $11K per month and growing, why the low starting bid?
Later I read a comment from revenews regarding this and apparently the reserve price is $100,000.
A reserve price is the minimum price a seller is willing to accept for the item. The winning bidder must meet or exceed the reserve price and have the highest bid. The reserve price is not shown to the buyer, only whether or not the reserve has been met.
What do you think? If you have $100,000 sitting somewhere, would you be bidding on this item?