PHPGalleria.com Site Flipping (1)

by Nima on 28 June, 2010

Last week I bought a new website PHPGalleria.com on Flippa for $1500. It currently makes about $150 to $250 a month. I plan on substantially improving it and hopefully increase the income by a good margin. I will post updates on it here every time I make a change and on its monthly revenue.

So far the site has cost me $1545:

  • $1500 Site purchase
  • $20 Escrow fees for transferring the funds to the new owner
  • $25 Bank fee for wiring the money to Escrow
  • I host the site on my old server so no new hosting fees

My initial plan for improving the site (after I get the site and all the demos running on my server) is:

  • Upgrade the site’s template: I will probably buy a pre-made template. It won’t be completely unique but close enough. This should be done before end of June.
  • Do on-site and off-site SEO: The on-site SEO work should be done by end of the 4th of July weekend. I will start the off-site SEO work this week as well. Hopefully we’ll start seeing results in a month or so.
  • Advertising: I will do some advertising starting in August once the above two tasks are fully done.

Following is how the site looks like right now:

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