Press75, one of the oldest WordPress theme shops, is for sale

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Written By Brian Krogsgard

7 thoughts on “Press75, one of the oldest WordPress theme shops, is for sale”

  1. Another scoop goes to 🙂

    You gotta respect Jason for letting go a proven money maker and going all-in with his new direction.

    I wonder if one of the bigger existing theme shops grabs this or maybe a hosting company.

  2. This has been an extremely hard decision for me, and I have talked with several potential buyers before listing it on Flippa, none of which have panned out as of yet. The Flippa listing is my last attempt at finding a respectable new owner before I close up shop completely. If I don’t find a new owner, I’ll most likely make most of the themes free and maintain a few that are dear to my heart under a new name.

    • Unfortunate news indeed.

      If you don’t find the right buyer on Flippa, perhaps you would consider partnering with a qualified theme dev (or devs) to take over the site in a limited partnership with your guidance.

      That way the site and brand stays intact and still allows you a way out.

  3. Really nicely written (and important) post Brian – as Peter Knight mentions above: “Another scoop goes to”! More to the point though, this really does seem like it could be a great opportunity for someone with the right skills etc. I too wish Jason all the best (just goes to show how crucial ‘interest’ is in expanding/maintaining this type of enterprise) and will be keeping an eye on flippa to see what this one goes for (and to whom – please let us know in a followup post if/when you find out)!

  4. I wish them luck in the sale. Flippa may be a tough marketplace for this type of sale. I don’t know if they’ve used or thought about a business broker, like Sunbelt, but if they’re trying to sell their website as an operating business, that may be more appropriate. In any case, a buyer’s going to want to see tax records for proof of revenue (I ask for them at least), which I notice are taking a while to produce, so that may impact the sales price.

  5. We have been looking at a number of theme co’s which are for sale in 2014 and the trend with all of them is the same. If you don’t launch themes on a regular basis then revenue falls fast – regardless of marketplace.

    Personally I think this type of business model is not sustainable and we will see many more theme co’s up for sale in the not too distant future.

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