WOW: 3gStore.de Sells for $180,000 Dollars & Name Administration Sells BreakdownCover.com For $25K

2011 October 4
by Michael H. Berkens

A huge sale just announced by Sedo.com,  the domain name 3gStore.de sold for 135,000 Euros or just about $180,000 dollars.

The buyer appears to be a company out of Berlin called Teebik Inc

Certainly a very strange sale when the world is waiting to switch over to 4g phones why would someone would spend this kind of money on “old” technology?

Even if it was “new” technology domain,  Who amongst you would spend $180,000 for 4gstore.com (no we don’t own it) and no we wouldn’t pay $180,000 for it.

In another interesting sale Sedo.com sold the domain BreakdownCover.com for $25,000

The domain was owned by Frank Schilling’s Name Administration, the buyer is under privacy but has an address pretty close to Oversee.net portfolio address, 11400 W. Olympic Blvd. Suite 200.

If you don’t know what a breakdown cover is you can click here.

Don’t feel bad I had to Google it to find out.

 

 

 

 

18 Responses leave one →
  1. 2011 October 4

    Funny, given that we’re shifting to 4G.

  2. 2011 October 4
    MHB permalink

    Quite strange

  3. 2011 October 4

    nothing strange, 3gStore.de is perfect for a “3G [chain] store in Germany”

  4. 2011 October 4

    If i’m not mistaken they did not just sell the domain, they sold the whole company (online retailer for iphones & iphone accessories)…

  5. 2011 October 4

    Someone obviously felt 3gStore was worth it. Maybe 3G will be around in some countries for some time?

    “Don’t feel bad I had to Google it to find out.”

    :P Me, too.

  6. 2011 October 4
    Kevin permalink

    With a couple billion Internet users out there, nothing surprises me anymore. Plenty of crazy people in the mix that will pay crazy prices without blinking an eye.

  7. 2011 October 4
    James permalink

    I think breakdowncover.com is massively undersold at $25k – very common phrase in the UK and with millions of policies sold each year at £70 – £130 each, someone got a steal.

    Are you sure there’s not a zero missing from the report?

  8. 2011 October 4

    Nice sale, but I would have thought they’d go for 4G at that price.

  9. 2011 October 4
    Frank permalink

    3gstore.de sale is domain + website

  10. 2011 October 4
    Chris permalink

    BreakdownCover.com was a great buy. It’s a UK term but has 40,500 monthly exact searches (Google KW tool) and a very healthy CPC…

  11. 2011 October 4

    Nice to see a noteworthy sale with the suffix “store” in the name.

    Although I (unfortunately) only have three ‘store’ names (e.g., 2018Store.com), I’d bet that this category doubled in value, overnight.

  12. 2011 October 4
    Philip permalink

    BreakdownCover.com Agree, VERY cheap.

  13. 2011 October 4

    Agree with others, FS sold BreakdownCover.com for pretty cheap for once…

    If 3gstore sold for $180k, must mean the initial ask price was 250-400k? How the heck does one have the balls to ask for that ridiculous amount for that type of name?

    I need some of those balls.

  14. 2011 October 4

    Yeah, 3gstore.de was a full blown project selling imported iPhones (not sim locked)

  15. 2011 October 4

    3gstore.de wasnt just the domain.

    The owner sold the hole project / brand / company with over 36.000 clients and total sales of 15 mio €.

    Here you can find a german press release: http://randolf.jorberg.de/2011/07/20/3gstore-for-sale/

  16. 2011 October 4

    Hi all, dear Tony,

    here’s the ‘guy with the balls’, aka the seller/former owner/founder of 3Gstore.de

    3Gstore was a real business, we even opened the worlds first iphone only brick and mortar store here in Germany and http://www.3gstore.de does still have more than 2000 unique visitors and transactions every day, even though we announced the shut down two months ago. In short: we didn’t sell a domain name, but a whole online shop / brand / business with a portfolio of more than 150 domain names (3g.de being one of them). And actually I didn’t have the ‘balls’, but it was several bidders bidding their way up to

    When I put 3Gstore on the market there was this german languaged posting that Stefan already pointed out. I did now write a short posting to clarify on the exit:

    http://randolf.jorberg.com/2011/10/05/3gstore-de-sold/

  17. 2011 October 6

    I wonder how much I can get for the domain name CoverBreakdowns.com? Hmmmm. It’s looking pretty good after that sale.

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