Andy Booth Reports Sale of Abby.com

This morning on Twitter, domain investor Andy Booth tweeted about a successful domain name flip he recently made. Andy reportedly sold Abby.com for $75,000. He bought the domain name in June of this year for $55,000. That would be a little more than a 36% ROI in less than 2 months:

The responses to this profitable quick flip are interesting. Quite a few people acknowledged the nice ROI in such a short period of time, and a couple of others have mentioned or implied that the price was relatively low for a name of this quality.

In this case, it is possible that both sides of the discussion are on point. Earning $20,000 from a $55,000 investment in less than two months is great (unless you are buying Kodak stock). I would also have not been surprised to see a domain name like Abby.com sell for six figures.

I built my business in a similar fashion to Andy (although I would argue that he has bought and sold some better names than me). I often face the dilemma of selling a domain name for less than an ideal price but making a quick ROI to fund the next investment, pay living expenses, pay taxes…etc. There’s also the possibility that I overvalued the domain name in my head, and turning down a good offer to get a great offer that may never materialize can be demoralizing.

The buyer of Abby.com is the virtual receptionist service company that uses AbbyConnect.com, so this acquisition is a great upgrade. I am sure Andy tried to get a higher sale price for the domain name, but he agreed to sell it for $75,000 for a quick $20k profit. The company should consider itself lucky it got a great deal, and Andy played a major role in connecting a startup with the perfect domain name.

Now, Andy has $75k in cash to make another domain name investment.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Have a Real Presence Online When Selling Domain Names

0
When it comes to selling domain names via outbound marketing, credibility is very important. If a prospective buyer receives an unsolicited and unexpected email...

2021 vs 2025 – % of .coms in my Portfolio

1
I don't closely track the percentage of domain extensions in my portfolio. I could have 75% .com or I could have 99% .com domain...

Nominations Open for 2026 ICA Awards

0
The Internet Commerce Association (ICA) is now accepting nominations for two domain investing community awards. Domain investors may now submit their nominations for the...

Bodis Gives Performance Update After Google Parked Domain Opt-Out

3
Bodis sent an update to customers yesterday about recent performance impacts related to pay per click parking revenue. The company attributed the decline to...

Glad This Sale Wasn’t an LTO

0
Sometimes, the most obvious use for a particular domain name is in a manner that would either be offensive, controversial, or negative. This will...