Having read what everyone has written here I'm just picturing what Banatyne, Peter Jones, Theo wotsit and the gang would have to say to this comic...
I dunno about them (well, I do , so I'll join 'em)
I'm out....
Paysite for sale
Re: Paysite for sale
You can't value your site based on the amount it cost you to shoot the content. And you're saying you want to make a profit on top of that. You sound like you're trying to sell exclusive content rather than a subscription site.
Out of the factors you list, your product here has a decent level of assets/stock, not a well known name, a very low turnover, no profit, and possibly a bit of a potential. Now when you consider that in porn, the value of the assets depreciate very quickly, you can't really even wish to recoup the full cost of shooting the content, let alone make a profit on it. Thats why most professional adult/glamour photographers hardly ever do speculative shoots.
?60k is a huge investment for a site that hasn't really been marketed yet, and will not turn a profit from day 1. especially in a declining market. Add to that, by your own admission the content would cost ?20k tops to shoot oneself.
Out of the factors you list, your product here has a decent level of assets/stock, not a well known name, a very low turnover, no profit, and possibly a bit of a potential. Now when you consider that in porn, the value of the assets depreciate very quickly, you can't really even wish to recoup the full cost of shooting the content, let alone make a profit on it. Thats why most professional adult/glamour photographers hardly ever do speculative shoots.
?60k is a huge investment for a site that hasn't really been marketed yet, and will not turn a profit from day 1. especially in a declining market. Add to that, by your own admission the content would cost ?20k tops to shoot oneself.
Re: Paysite for sale
Ok Reallity check... damn Mannornot you sound like me when I tried to sell something way back in the day (lets not re visit that !) You will be lucky to get 3-6 times it's monthly income... thats the going rate period !
I have been in the paysite industry for 8 years, trust me I know... Paul L also as a lot of experience in the paysite game... so you say you would have to be "bonkers" to sell for that money, so guess what you aint selling then baby !
Best thing you can do is bundle all that content up... how every many hundread/thousand pics/video that might be (hopefully with 2257 else you are royally fucked !) And sell the content on a semi exclusive basis... sell 10 licenses... depending on numbers and the quality of the work you might get around $3-5k per license... giving you between $30-$50k... saying you can find 10 buyers... Keep the site (cause you aint bonkers to sell it) and have that as a little income...
But you have zero chance of getting someone to put 60k in for it, $$$ or ???'s.... if you do find someone tell them I have a bridge to sell them...
I have been in the paysite industry for 8 years, trust me I know... Paul L also as a lot of experience in the paysite game... so you say you would have to be "bonkers" to sell for that money, so guess what you aint selling then baby !
Best thing you can do is bundle all that content up... how every many hundread/thousand pics/video that might be (hopefully with 2257 else you are royally fucked !) And sell the content on a semi exclusive basis... sell 10 licenses... depending on numbers and the quality of the work you might get around $3-5k per license... giving you between $30-$50k... saying you can find 10 buyers... Keep the site (cause you aint bonkers to sell it) and have that as a little income...
But you have zero chance of getting someone to put 60k in for it, $$$ or ???'s.... if you do find someone tell them I have a bridge to sell them...
[URL]http://www.adultwork.com/1939442[/URL]
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Re: Paysite for sale
My advice would be to keep the site running and buy in some b/g content to spice it up and just reguarly update it, because i would be very surprised if you could get anywhere near your asking price.