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WPMods Sold for a Whopping $80,000

Last week we announced that WPMods.com was up for sale by the owner Kevin Muldoon on Flippa.com. After quite an intense bidding war the site has finally sold for an astounding $80,000, which is the exact amount Kevin was hoping to make with the site from the outset.

Last week we announced that WPMods.com was up for sale by the owner Kevin Muldoon on Flippa.com. After quite an intense bidding war the site has finally sold for an astounding $80,000, which is the exact amount Kevin was hoping to make with the site from the outset.

Check out the listing on Flippa, it’s actually very interesting to read the comments and gain some insight into how WPMods operates.

It’s great to see WordPress blogs having this kind of valuation, makes you want to start a WordPress blog doesn’t it? So a big congrats goes out to Kevin who can now re-invest the money into his new projects while he enjoys his current location in Colombia.

We welcome the new owner of WPMods and wish him luck in keeping up the momentum that Kevin had built up for this WordPress resource site.

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Jean Galea
Jean Galea
Jean Galea is an investor, entrepreneur, and blogger. He is the founder of WP Mayor, the plugins WP RSS Aggregator and Spotlight, as well as the Mastermind.fm podcast. His personal blog can be found at jeangalea.com.

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3 Responses

  1. Its sold but I think that $80 is very high price for the site. Its almost 5 times the yearly revenue. I think that the buyer has some solid plan in mind otherwise it will take him 5 years to break even.

    1. That’s true, 5 times the yearly revenue based on current earnings, but the potential to make higher earnings is there too, so it’s a good gamble I think.

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