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Mushfiq Sarker has been flipping websites since 2008.
As detailed in an in-depth case study, he bought a website in the outdoors niche in April 2020. The site was earning $300 per month via the Amazon affiliate program, and Mushfiq bought it for $23,000.
By the end of the year, he’d spent another $22,086 on the site – mainly hiring writers to create content – and it had earned him $48,030 in revenue 😎
So at that point he was at about break-even overall.
Fast-forward another 15 months…
In March 2022, we sold this website for $175,000 through our newsletter to a private buyer. The website generated $100,938 in revenue during ownership and we spent $37,582 to grow it. Our total profit considering acquisition cost was $238,356.
If you’re interested in website flipping or building a profitable niche site, the full case study is worth combing through.
Mushfiq has also done smaller flips that required less up-front investment, like this one in the wellness niche, bought for $5,650 and sold for $30,100 in only 4 months 🚀
Here are Mushfiq’s “quick wins” to increase a website’s valuation…
Mushfiq also runs WebAcquisition.com, offering due diligence services for people who want to buy sites and need help evaluating them.
Much more here: 11 things you should know about website flipping