BODIS

Mike Mann sold CoolDomains.com for five figures, after a hefty discount

Mike Mann with two beautiful domain investors from China.

Serial entrepreneur and occasional drummer, Mike Mann, sold the domain CoolDomains.com recently.

Unlike some documented sales by Mike that achieved a ROI multiple in the hundreds, CoolDomains.com was an adequate flip.

According to Mike Mann’s announcement, CoolDomains.com was sold for $15,000 dollars.

Mike acquired the domain for $5,500 dollars a little over year ago, so his $9,500 dollar profit qualifies for a capital gains taxation bracket.

The almost 3x ROI multiplier could have been larger: Domain Market had listed the domain initially with a $29,888 dollar price tag, according to this capture from Screenshots.com.

The 50% discount most likely occurred recently, after Mike re-priced many of his domain names with a lower asking price.

Meanwhile, the domain Cool.Domains is available, in case Mike Mann’s buyer is interested.


Facebooktwittergoogle_plusredditpinterestlinkedinmail
Copyright © 2018 DomainGang.com · All Rights Reserved.

Leave a Reply

Your email address will not be published. Required fields are marked *

 characters available