Its fairly typical of the sites that are sold through Sitepoint and the like. The business peaked in 2006 and revenues fell for two years running - so it started declining before the owner fell ill.

It looks like it is recovering in the first two months of 2009, but it could also be a spike.

It also looks like it needs a fair amount of work to make that much money. So you pay somewhere between $120,000 and $160,000, give up your current job, take the risks entailed, work hard and you might make $100,000+ a year in revenues (not profits!). That does not sound like such a good deal.

In general, the difficulty of verifying the profitability of small sites means that no one will risk paying a high multiple for them. No one with a decent site will sell it at a low multiple, so if it is for sale, expect it to have poor prospects.