Anyone on r/WordPress interested in buying a Premium Plugin business?

wpbiz4sale · 6 months

I'm considering it, and may give that a try, but I'm not sure if it's the right marketplace for it. Thanks for the suggestion!

wpbiz4sale · 6 months

Yes, sorry about the vagueness, I just didn't feel it was appropriate at this early stage of exploration to provide too much detail publicly about the plugin itself.

I can say, though, that it is a design tool that has niche functionality that will likely never be added to core, and lots of room for adding features to stay current with emerging core functionality.

wpbiz4sale · 6 months

I've heard that a reasonable asking price for a business is approximately 1 year's worth of profit. By that metric, I'd be asking around $32k, but because I'm interested in making a quick sale, I thought I'd make the price a more attractive $25k. That, and $25k is a figure I could totally sleep at night about in terms of not regretting letting it go.

How far off the mark do you think I am? What would you price a biz with this sort of revenue at?

Thanks!

wpbiz4sale · 6 months

I live in a fairly small city and, though there is a decent tech community, I'm not sure it's the right place to find an interested party. That said, I could certainly do a focused search for WordPress-based WebDev companies and contact them about it.

Your idea about soliciting competition is a good one, and is definitely my next step in the process. I've already been scoping out the field for the best prospects to contact.

Thanks for your input!

wpbiz4sale

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