I imagined this is a topic that would interest others as well. As its getting harder and harder to get new properties ranking well buying old sites seems like a good way to go.
Actually the site I’m looking into has been:
1) Online for 3 years.
2) IN a Scandinavian lanaguage and not attracting US clients.
3) Constant flow of small revenue (which I believe that with little work can easily triple)
4) Stable rankings for top places in some relevant keywords.
5) Seller as been an acquaintance of mine for years and completely trustworthy.
Taking all the above and the replies I saw here I feel that 10 times the monthly profit is very reasonable.
Thoughts?
Thanks