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Candy.com sold for $3M

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By [email protected] and Support @ Whaddya.com
I just learned this today that Candy.com domain name is SOLD for a whooping $3M by Rick Schwartz to G&J Holdings. Continue reading the article and find out how the deal was done.

"G&J Holdings Announces the Purchase and Development of Candy.Com

BOSTON, MA — June 3, 2009 — G&J Holdings, LLC today announced the purchase and acquisition of the web domain Candy.Com and the development of a new internet based confections retailer d/b/a Candy.Com. A growing distribution channel that is here to stay, G&J Holdings, LLC has invested in Candy.com for the purchase price of $3,000,000. The new internet candy retailer will service the growing demand for consumers to find their favorite bulk, gourmet, and gift confectionary products with great service, a unique and social shopping experience, competitively priced products, and expedited shipping." (2009, Rickblog.com)

It's been a while since Rick is blogging this sale and he can't give us the name of the buyer. We thought the buyer is from a well known candy business but we all guess wrong. The new owner gave them a clear advantage in online Candy business. Congrats to the buyer and seller for Candy.com domain name.

Knowing the value of domain name in every business, if you would like to become a reseller read this article http://reseller.king.net. You may also check http://reseller.moscom.com offering, a GoDaddy partner.
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