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Friday, April 24, 2020

Empire Flippers vs Flippa Profit Calculator #Best Education Page #Online Earning

Empire Flippers vs Flippa Profit Calculator



hi this is Doug Huntington from niche
site project comm this is a quick
tutorial of the sale calculator for
Empire flippers versus flipper
so first off you do need to make a copy
of this spreadsheet for yourself so you
can edit it all you need to do is go to
file and make a copy you can rename it
if you want then click OK and then
you'll be able to edit all you need to
do is fill in the net monthly income for
the last three months so that is your
total earnings - any expenses that you
have so here you can see we have some
values entered in but I'll just change
them up so that you can see the impact
so 324 last month two months ago let's
say was 275 and then three months ago
was 115 so we could see the average
monthly income over the last 90 days is
237 next thing to point out is our table
here so we do have Empire flippers
listed here vs. Flippa so the Empire
flippers have a listing fee of 297 if it
is your first time selling anything on
their marketplace if you're a returning
seller it's only 97 now at Flippa is
only $19 to list they also have
different broker rates so Empire
flippers is 15% as noted here while
flipper is just 10% now the monthly
multiple is fixed at Empire flippers at
20 months so that's 20 times your
average monthly income over the last 90
days now in flippa it is of course an
auction-based marketplace so we can't
say with any certainty what exactly the
multiple will be for your site
or any given site however I've just
noted these few values 6 8 12 16 20 and
24 months just to give you some
comparisons so based on the earnings
that we have here in the average over
the last 90 days we can see the sale
price varies across the board between
Empire flippers and flipper so based on
that the broker fee is also variable and
we eventually see the bottom line here
on the net profit on row 16 for each one
of the different scenarios here so as we
could see there's there's really not a
huge difference aside from the listing
fee for selling on Empire flippers in
this case it's $200 difference now on
Flippa
this is where it gets a little bit more
interesting typically it Flippa
your sale price is based a lot on how
long your site has been earning money so
let's say your site has only been around
for a few months there's not much
history you actually may struggle to
even get a 6x monthly multiple meaning
at the end of the day you're only going
to take home about $1,200 now if your
site has been around for some time let's
say it's 12 to 18 months you may be able
to sell for a little bit more and get a
higher multiple of 12 16 months so again
there's so many factors and there it's
really hard to say with any deal great
deal of certainty about how much your
site is going to sell for as you can see
I have listed the 20 months multiple
here over at Flippa so we could kind of
compare head-to-head let's say for the
sake of argument that you're able to
fetch a 20 x
for your website on Flippa and if that's
the case you do see that Flippa you will
take home more money and you were
selling then if you were selling on
Empire flippers okay so that's sort of
how the spreadsheet works I've added a
few other details here in references
just so you could take a look at that as
well one interesting thing you know you
could enter your own websites
information in here that's really the
whole idea help to help you decide where
you want to sell your site but just for
the just for fun let's take a look at a
website that's making a little bit more
money and see how much it may be sold
for on these two marketplaces so let's
say 1200 in the last month 1100 two
months ago
and maybe we'll just say 1050 more
recently so that puts the average
monthly net income for this website at a
little over $1100 and we can see the
sale price is about eighteen thousand
six hundred on Empire flippers and it
really varies a huge amount when you
look on Flippa so I think the main
takeaway here is if you're confident
that your site may be able to fetch a
high multiple say I would say probably
eighteen to twenty-two X monthly net
income I maybe would take my chance on
Flippa however if you have a younger
site maybe it's only been around for a
few months like my site then it's
probably a very good option to go with
Empire flippers even at the higher cost
and overhead of the listing fee and the
percentage for the broker it's still a
better option because you'll be able to
get a fixed price 20x multiple and
that's why I like it
haier flippers

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