Speciality Drinks Ltd Acquires Drink.com for $500,000

Canadian domain investor Garry Chernoff has reportedly sold Drink.com for $500,000. The half million dollar deal was closed using the domain brokerage services of Darryl Lopes and Jason White who work for DomainNameSales.com. The sale is now tied with Give.com for the 11th largest public domain name sale of the year, according to DNJournal.

Garry told me the inquiry for Drink.com was initially made several years ago, but the negotiation was recently rekindled and closed. I asked Garry if he could share any additional comments about the deal, but he declined to comment further. A historical Whois search shows that Chernoff’s company acquired Drink.com sometime in 2004.

The Whois information was just updated, and the new registrant seems to be a company called Speciality Drinks Ltd based in London. As of the present time, the domain name resolves to a Domain Name Sales parked page, so I am not sure what the company plans to do with the domain name. I presume that will be updated at some point in the near future.

I reached out to the new registrant for some information about the deal, but I have not yet heard back. Should I hear back after publishing the article, I will share an update.

This deal goes to show that sometimes older leads can be revived, especially if the buyer has a strong interest in the domain name. Additionally, this also should encourage people to keep good track of their leads. DNS does a great job of this, and I believe there are other platforms that do as well. For those of us managing our own leads via email, this may be a bit more tricky.

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn

2 COMMENTS

  1. Drink.com certainly qualifies as a short, pure generic. I found it interesting that the original inquiry happened a few years previous. That the negotiation was rekindled shows how a buyer will keep their eye on a specific property. Sometimes their financial situation improves and what was not do-able eventually becomes the next best idea for promoting the company.

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