Boulevards Looking to Sell One Major City.com Domain Name

boulevards-logoI received an email from Frank Aiello of Domain Holdings yesterday, and there were a number of major US city .com domain names listed for sale. Included in the list was Philadelphia.com, Detroit.com, Memphis.com, SaltLakeCity.com, and a few others. I immediately knew these names are owned by Boulevards, and I reached out to Dan Pulcrano, CEO of Boulevards, to inquire further.

Although Dan has several of these domain names listed for sale, he is not looking to sell all of them. Here’s what Dan had to say in an email to me yesterday:

“We are not selling all of them, but are willing to entertain offers to sell ONE domain. In other words, if one fetches a high enough price we would sell, but then we would keep the rest.

We are doing it to bring in capital to invest in our core sites. We have been rebuilding our platform for two years. The new platform is live on LosAngeles.com. It is way more interactive, has a new CMS, a top-to-bottom rebuild on the business directory—and we just added events.”

I think it’s a smart strategy to list several non-core domain assets to attract interest and raise funds for the core business. Dan’s company employs many and his platform has been undergoing an expensive revolution. It’s difficult to maintain a large portfolio of profitable websites, so staying focused on your primary markets is a wise business move from someone who was shrewd enough to acquire all of these assets in the first place.

Each of these cities is unique and will likely appeal to a different audience. If a potential buyer knows only one of these domain names will likely be sold, they will probably be more likely to make a stronger offer knowing that should someone else strike a deal on another domain asset, the name they want may be taken off the market.

In case you are interested or have someone with deep pockets in mind, the Boulevards-owned domain names that were listed yesterday are:

Philadelphia.com $2,500,000
Memphis.com $950,000
Milwaukee.com $850,000
StPetersburg.com $750,000
Detroit.com $750,000
Indianapolis.com $750,000
Raleigh.com $750,000
SaltLakeCity.com $750,000

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

8 COMMENTS

  1. Elliot,

    Check this spam message LOL I recieved, they are putting your blog as reference HAHAHA.

    “Hello Dear
    my name is miss Anira i saw your profile today at (domaininvesting.com) and become interesting to know more about you ,i will like you to send me an e-mail to my box my dear please send mail to me directly with my email address so that i will send you my nice pictures and also tell you my purpose of contacting you thanks.
    from miss Anira.”

    anirawilliam

    LOL LOL LOL

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Andrew Miller Turns Random Sunday Thoughts into LinkedIn Newsletter

0
Andrew Miller has been sharing a regular post on LinkedIn each week called Random Sunday Thoughts. In each Sunday morning edition, Andrew has shared...

Icon.com Acquired for $12 Million

1
Icon.com was recently acquired for $12 million, according to a LinkedIn post from the startup’s Founder, Kennan Davison. The domain name is being used...

DropCatch Auctions No Longer Close on Weekends

0
I wrote about the Mine.com auction on DropCatch.com earlier today. One of the things that stood out to me is the five day auction....

Mine.com in Pending Delete Auction

2
As I was looking through the upcoming pending delete auctions, I was caught by surprise by an exceptionally valuable domain name. Mine.com went into...

Check Price History on Acquired Domain Names

2
Timing is critical with domain name sales. I may have a domain name for 10 years, let it expire, see it picked up by...