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Hey there, it's Shlomo! In today's video, I'll be assessing a homeschooling website for you that's listed on the Niche Investor platform. As someone who helps people find their first internet business, I thought this would be a great opportunity to share my thoughts on this particular listing.
Here are some key points to keep in mind:
The website is a homeschool site with 16,000 subscribers.
It's currently earning $558 a month (with a multiple of 37x, which is a bit high for the current market).
The request price is $21,000, which may need to be negotiated down a bit.
The site focuses on homeschooling for children, with topics that include unit studies, free printables, resource lists, and books for kids.
It's interesting to note that the site has 16,000 subscribers but relatively low earnings, so there may be an opportunity here to improve revenue. However, it's important to do your due diligence and find out more about the email marketing campaigns and newsletters that are sent out to subscribers.
The site has data until December 2022, so it's important to find out what's happened since then (we're currently in March 2023).
There seems to be some seasonality in the site's earnings, with drops in revenue during the holiday season and over the summer.
Timecodes:
0:00 - Intro
1:05 - Assessment
5:12- Closing