Own The Yard: 600 Articles in a “Backyard” Niche, Sold for About $250K in 3 Years — the Calculated Exit of a Public-Experiment Site
Spencer Haws of Niche Pursuits built Own The Yard around "backyard recreation and maintenance" and sold it for about $250K (40x monthly revenue, 3.3x annual revenue) at 600 articles and $6,000/month. Starting in 2018, it was run for 3 years with the exit in mind from day one.
Yen conversions in this article use a rough $1 = ¥150.
Most articles about site sales only reveal the final number. What makes Own The Yard different is that the entire process, from launch to sale, was narrated as a “public experiment” from the very start. The operator, Spencer Haws, runs the niche-site information hub “Niche Pursuits,” and this site was his fourth public case study. The record of a site that started in September 2018 and, three years later, sold for about $250,000 at 600 articles and $6,000/month, provides a ready-made benchmark for how content sites get assembled as “financial assets.”
The numbers behind the sale
| Item | Figure |
|---|---|
| Sale price | About $250,000 (about ¥37.5 million) |
| Monthly revenue | $6,000 average |
| Multiple | 40x monthly revenue / 3.3x annual revenue |
| Timeframe | Launched September 2018 → sold 2021 (3 years) |
| Content | 600+ articles |
| Traffic | 200,000 monthly sessions |
| Team | Himself + one part-time editor + freelance writers |
| Sale channel | Motion Invest (sold as a package with another site) |
What kind of site was it?
Own The Yard was a content site specializing in “backyard recreation and maintenance” (basketball hoops, lawns, pools, play equipment) positioned as a one-stop shop for backyard-related information. Content combined 1,000-word informational articles with 3,000+ word product reviews and buying guides; acquisition ran entirely on SEO. And revenue came from two sources: display advertising and Amazon affiliate income.
Haws ran the site as a public case study for his own readers, narrating everything from launch to sale as it happened. Looking back after the sale, he said (paraphrased): “It was great to be able to show, as a real example of what’s possible with a content site, going from zero to a $250,000 exit.”
Operated backward from the exit
What sets this case apart from other blog sales is that it was designed with the sale in mind from the very beginning.
- Niche selection: entered only after confirming stable search demand (despite seasonality), decent ad rates, and available affiliate programs
- Production structure: brought in outsourced writers and an editor early, building a structure that keeps producing articles without the owner (i.e., eliminating personal dependency)
- Sale: timed the package deal through Motion Invest to land when market conditions were favorable
Reaching 600 articles’ worth of volume in three years was only possible because of the outsourced structure. The biggest line item in spending was writer fees. The $6,000/month wasn’t “compensation for the owner’s labor”. It was “the output of a system,” which is exactly why a buyer could judge it fully transferable, earning it a healthy 3.3x annual revenue price.
Getting more resolution on the $6,000/month
$6,000/month on 200,000 monthly sessions works out to about $30 of monetization per 1,000 sessions. It’s a division of labor: lower-priced 1,000-word informational articles pile up the session volume, while higher-purchase-intent 3,000+ word reviews and buying guides pick up the ad rate and affiliate conversions.
One more point on reading the multiple carefully: “3.3x annual revenue” is a multiple on top-line revenue. Convert to a profit basis after deducting costs like writer fees, and the multiple would be even higher. When comparing against the domestic Japanese site-sale rate (roughly 20 months of monthly profit), reading “40 months’ worth is double the domestic rate” without aligning revenue basis versus profit basis would be a mistake.
Breaking down why it worked, in three parts
“Decide the exit before you build” changes every decision that follows. From niche selection to outsourcing to publishing the process openly, everything was worked backward from “a site that sells in 3 years.” In contrast to Lively Table, which in hindsight said it should have stripped out its personal brand, Own The Yard never built in personal dependency to begin with. This is the mindset of assembling a financial asset from the start, not building a hobby and selling it later.
A multiple of 40x monthly / 3.3x annual is a premium for “transferability.” Because the source of revenue, SEO × ads × outsourced writing, was a fully transferable structure, it earned a multiple near the top of the market range. Sale price is set by revenue amount × (the degree to which a buyer can replicate it).
“Build while publishing openly” paid off for both acquisition and the sale. The public-case-study format meant the site had a built-in audience from day one, Niche Pursuits’ readers, and that its track record accumulated in a form third parties could verify. Just like Bannerbear’s build-in-public, transparency lowers the cost of trust, including making due diligence at sale time easier.
A footnote on the package sale
The sale went through Motion Invest as a package deal alongside a different site in the “mom culture” niche. A footnote: Haws himself is a partner at Motion Invest. This is a case with unusually high numeric transparency, but it’s also a structure where he’s selling his own site through a marketplace he’s personally involved with, worth discounting somewhat on the neutrality of the sale channel. Package deals can also carry ambiguity in how the price is allocated across individual sites, so the $250K figure is fairly treated as an “about” figure too. The buyer is undisclosed.
A 3.3x price from 2021 is harder to get today
The detail that matters most when reading this sale as a market price is the year it closed. Since AI search started eating into clicks, buyers of content sites have grown more cautious. A site that gets all its traffic from SEO and relies on display ads and Amazon affiliate links for revenue is unlikely to fetch the same multiple now. The 3.3x-annual-revenue tag is best treated as what the 2021 market was willing to pay.
The operator’s track record deserves a discount too. Own The Yard was Haws’s fourth public case study, so he already had a working routine for vetting niches and assembling an outsourced writing team. Keeping 600 articles at a consistent quality over three years drew on that experience, and the public experiment helped with traffic because Niche Pursuits readers were watching from day one. We read this case less as a playbook and more as a record of what the 2021 market paid for a site built backward from its exit.
Related cases
- Lively Table — a contrasting case where personal brand didn’t translate into sale value
- Career Sidekick — selling an SEO-heavy $50K/month site
- The domestic Japanese site-sale rate (roughly 20 months of monthly profit)
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