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Exactly. And on top this store is just 6 months old, of course it’s not selling for an EBITDA like a business that is doing this revenue since 3 years.
Surely nothing is guaranteed but this business has a lot of potential and it’s still only rising in revenue.
You can literally buy dropshipping stores that have been around for 1-2 years for like 10% of the revenue done lol
there are lots of risks involved with online businesses, no one is paying 5x EBITDA unless it’s a real life brand with longevity (custom product, protected IP, large & real customer base)
it’s exactly why all your sales threads are getting no bids, no one is paying 5x annual profits for a forum, there is way too much risk involved, they’d just go start their own forum or a different business.
go look at the top ecom brokers like kane etc, or listings on twitter; 500k/quarter stores selling for 30-50k
This comment makes me laugh, are you really comparing a business to a savings account? Does your savings account make you create products, manage customers, manage marketing, take the risk and a million things?