Jun 16, 2020 — Incredibly, no one identified the power of geographic (“geo”) city domains in the early stages of the Internet. Serious value lies in domain names of progressive, growing cities such as Scottsdale. Examples of successful entrepreneur-owned sites include NewYork(dot)com; PalmSprings(dot)com; Nashville(dot)com; and MyrtleBeach(dot)com, which sold for $6,500,000; whereas, even greater successes can be seen with major media-owned sites such as Miami(dot)com; Boston(dot)com, which generated $44,000,000 in a year from its platform; and most notably, LasVegas(dot)com, which sold for $90,000,000.
For an entrepreneur that loves the city domain concept but is not connected to a media company in any manner, the Seller has meticulously assembled a business plan (complete with forecasts) with his vision of how to successfully monetize a domain name such as Scottsdale(dot)com. This “roadmap” will only be provided to serious lookers who have executed a non-disclosure agreement with Broker. City domains clearly bring huge values – especially ones that are in highly-desirable tourist destinations such as Scottsdale.
Seller financing is available at 5.5% for 60 months with 30% down.
In addition to “Scottsdale(dot)com,” the Seller has “Tempe(dot)com” for $750,000, and a portfolio of 23 highly-coveted, major city domain names being marketed together for $25,000,000. (Note: Scottsdale(dot)com is also a part of the 23 major city package, and as such, will become unavailable should that sale occur prior to this sale.)
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Disclaimer: DealStream has not independently verified any of the information in this post and makes no warranty as to its accuracy or completeness.