FreeDrive.com was just sold for $30,000.
DNForum – the top forum for domain professionals – can now boast the highest domain sale in recent memory, in a domainer forum.
The domain name, FreeDrive.com and its associated content, has just been sold for $30,000 to a domain investor from Australia.
In an era that looks down upon file-sharing web sites, such as MegaUpload, the sale surely carries potential risk; but every domain investment does.
The seller apparently breaks even, as he bought the domain for about $30k in 2006. FreeDrive.com gets 1.4 million unique visitors every year and comes with its own Facebook app.
Congratulations to both seller and buyer!
It should rather be called a website/business sale that just a domain sale.
I think it’s more of a domain with traffic sale. If it had significant existing business revenues then it would have sold for a lot more, I think. If the traffic is accurate, in the right hands they could do very well with it. People are always looking for free space for files, then you just have to upsell them additional space/services.
Domain holdings just sent me a newsletter and they have FreeRide.com offered for $375,000
Ads credence to the suggestion that the domain aftermarket is a 100 BILLION dollar per year business.