Mike Mann has just announced on his Facebook page the sale of AUX.com for a cool $100K, Mike purchased the domain name AUX.com back in 2008 for $30K and held the domain for 7 years to make a $70K profit. Congrats Mike!
Mike as many people know owns and operates DomainMarket.com and has a portfolio mainly consisting of DOT COM domain names you can read about previous sales from Domain Market every other day on Mike’s Facebook page as he shares them with the world.
Look forward to reading about more great Domain Sales Soon from Mike & the Domain Market Team.
That is an incredible sale! Talk about having the patience to wait on it. Also the fact that he dished out 30k to get it. Most people would think it is just too much money and that you won’t make your money back. The way I put it in an amazing perspective is breaking it down like this:
Invested 30k one time then for the next 7 years the name made 10k on a $8 to $10 registration fee. Mind blowing stats =-D Congrats Mike and thanks for sharing Robbie.
– Will