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

You Can “Fail” 95% of the Time and Still Crush It

3
It is said that in Major League Baseball, a player can fail 70% of the time at the plate and still make the Hall...

Enable Immediate Payment for Inventory Domain Names

1
When I was operating my directory websites, a business friend of mine gave me some good advice that applies directly to domain name sales....

GoDaddy Auctions Masterclass on December 11

1
Ready to dominate GoDaddy Auctions? Join industry vets @JJStyler & Bart Mozyrko for a live masterclass on advanced bid strategies, auction secrets, and pro...

Atom.com Shares Priority Placement for Searches

1
Atom.com recently announced "one of the biggest updates to search and discovery" on the platform. The platform is making its search results less literal...

GoDaddy DBS Broker Tom McCarthy Explains His Role

0
GoDaddy has two distinct brokerage teams that work exclusively on behalf of buyers or sellers. The Afternic team represents sellers who have listings on...