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SELLER GUIDE
18 Comments
3,738
Views
18 Watchers
Watch
WEBSITE
Currency:
Website
Niche Penny Auction Website TURNKEY 26k Revenue!
Site Age
16 years
Monthly Profit
USD $4,000 /mo
Profit Margin
35%
Page Views
134,000 p/mo
Profit Multiple
0.4x
Revenue Multiple
0.1x
Show all
TrendyPenny.com
Highest Bid (Reserve Met)
USD $10,000


About the Business

A three-month-old penny auction website is up for sale, specializing in designer handbags and women's accessories. With a $6,000 investment in site development and a total initial outlay of $10,000, the site has shown significant potential and success in a rapidly growing niche market. Despite minimal marketing efforts, the site is already generating substantial revenue and user engagement, indicating promising future returns with an expanded marketing strategy. Penny auctions operate by allowing users to buy bid packages, with each bid incrementally raising the auction item’s price and extending the auction time. This model generates revenue through accumulated bidder contributions, resulting in a profitable group purchasing dynamic. The site is unique and not a typical penny auction platform. It boasts over $3,500 worth of enhancements, accessible programming support, and a dedicated server costing $300 per month. The platform registers over 3,000 users, with more than 65 new daily sign-ups and extensive Google Adwords campaigns. It also features a comprehensive admin panel, active blog, and integrated social media accounts. The sale is prompted by the owner's personal circumstances, including impending family business responsibilities and health considerations. The package includes everything necessary for continued growth, including $26,208 in sales recorded in November and Google Analytics for traffic insights. Prospective buyers are encouraged to inquire for more detailed revenue and traffic information, with assurances of established marketing assets like ad banners and social media pages, facilitating ongoing and expanded site promotion.
Show all
TrendyPenny.com
Highest Bid (Reserve Met)
USD $10,000


About the seller
Chris Rodriguez
United States
Seller verification
Email address
Phone number
Government ID

1 transaction totalling USD $10,000

Payment Methods
Credit Card
Escrow.com
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18 Comments
3,738
Views
18 Watchers

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