Just noticed this for sale on netfleet. Great name they say turning over $1 million a year in sales. Bid on netfleet is $1000. Buy now price $500,000

http://www.netfleet.com.au/index.php?a=d&id=35939

What would it be worth if they do $1 milion turnover?

Out of my budget but awesome name

Margins on cameras are very tight, turnover is impressive, I'd be interested to know net profit.

Then it would be a multiple of net profit.

Near impossible to value based on turnover alone, you'd really need to know the profit figures.

They may sell 2,000 cameras at $500 each to hit the $1m mark, but the question is how much margin is in each sale?

Great domain though.

__________________
SMSF

You beat me to it!

__________________
SMSF

Not even ranking #1 for the term, so potential to improve turnover, nice website to.
You'd expect it to be making $100k on a turnover of 1 million, so really $500k is about right.
Anyone buying would do due-diligence.

Don

Does anyone but enthusiasts buy digital cameras nowadays?

I think it's interesting to note that search volume for that niche continues to drop year on year (2003-2007 tanked big time) although it has leveled out a little over the past 2 years.

I'm not saying the business is worthless but with so many Australian's carrying around an iPhone (or comparable phone) with them which sports 720p high definition recording and a 5MP camera, where's the real need for a camera in addition to a mobile phone?

The best camera is the one you have with you and that is increasingly a mobile phone. The future doesn't look as good for camera sales which is what I think prompted them wanting to sell the business.

this is the marketplace for the forum .........not netfleet

__________________
Dieters.Tv + Speculate.Tv | Blonde |World News
Business Show | 3DTV |888tvcn
Electric Guitars | Acoustic Guitars|Video Real Estate
A world of .........video sites

I think it is still a very mainstream product, I don't think people see mobile phone cameras as being suitable for taking photos that they are likely to keep, as opposed to uploading to facebook etc.

My first thoughts though were that as a term this is likely to eventually die, like "stereo tv" for example.

Absolutely! I love my camera and wouldn't consider myself an enthusiast. I'll always have one (or even 2)

I suspect this isn't because people are buying less but increasingly don't feel the need to add the qualifier 'digital' - all cameras are digital now.

__________________
CocktailRecipes.com.au ★ Photographers.com.au ★ DebitCard.com.au ★ Hockey.com.au ★ Boxing.com.au ★ DomainName.com.au

Totally agree, I'm defiantly no enthusiast and I own one. Personally I got sick of crappy photos from inferior cameras. You just can't beat the photo quality of these cameras.

Great name, I' m going talk to the bank manager right now, just kidding.