Pharmacy.com – A $50 Million Domain Name?

According to Red Herring, Pharmacy.com is for sale. This is prime real estate just waiting to be developed into a business. According to Joshua Bourne, co-founder of FairWinds Partners (and also the President of the Coalition Against Domain Name Abuse), the domain name is worth “way over $50 million.”

While this asking price is fairly unprecedented, a domain name of this caliber could be worth it. I believe sales based on revenue multiples alone are fairly short-sited, and it would appear that the owner’s models take this into consideration. It would be a boon to the industry if they get their asking price, although we probably won’t know the sales price unless it is purchased by a public company such as Wal-mart, who probably has the money to make this happen.

According to the Domaintools Blog, a rumored buyer could be CVS pharmacy, who would consider re-branding the company.

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

Recent Posts

When Whois Contacts Fail, I Use GoDaddy DBS

4
One of the things I enjoy most about domain investing is the negotiations. Most don't work out, but I enjoy the thought and effort...

Experimenting with Spaceship SellerHub

6
I've been impressed by the growth of Spaceship and its recently launched SellerHub. The sister company to Namecheap has shown a great willingness to...

Afternic Allows Early LTO Payoff / Payout

2
A few years back, I glanced at my phone and saw more than ten consecutive emails from Dan.com. For a moment I was baffled...

WSJ Reports on $1.5 BILLION PE Acquisition of Namecheap

9
Richard Kirkendall is one of the hardest working executives in the domain name space as the Founder and CEO of Namecheap. He has built...

Domain Summit Asia 2025 Coming in November

1
Fresh off a successful Domain Summit conference in London earlier this month, conference organizers announced a new event coming to Hong Kong later on...