Congratulations on the sale.
I wouldn't sell it if I was you, but everyone has reasons. :)
He didn't get $2k; he said that he's gotten mid-high $xxx, which is low imho for a site which ranks very well, is trusted (aged, I suppose) in a very competitive niche, let alone the revenue.
and i am sure aqurezz know that how to build proxb.com type site again and how to do seo. so its not too hard for him.
may be you also saw that many people only doing this business, they took a niche, promote site and then sell, and they doing this again and again.
just saying becaz before coming in this section i was learning about directory business and know 2-3 people who is doing this buiness, creating directories and selling them. :)
It takes time and hard work to get rankings and build the trust around a site. I don't know for how long has Aquarezz owned ProxB, but I'm sure it wasn't a couple of months.
I'm just saying that I wouldn't sell it if it was mine. Maybe I'm saying that because the 10x or 12x revenue model just sucks to me.
I could've made a lot more monthly with ProxB.Com, but I just need to concentrate on it much more. I'm receiving an average of 500 visitors daily, just from the keyword proxy sites & school proxies.. And it's not like I'm on top, so eventually I could've grew but it's sold now so nothing to do about it :p
Hopefully my new list that I'm going to create in the next few months will do as good as ProxB which was pretty new in fact ;)
Thank you all for the comments!