Most of these companies are super cheap because they don’t get their business through the internet. It’s word of mouth and when you’re too busy to keep up with demand how much more business can you really handle?
I guess when competition heats up maybe they start thinking outside the box and that’s why you have have some that get it but also don’t want to spend much on a domain.
I find new businesses generally are more willing to spend on a domain than an existing business. Just my 2 cents.
I know what you mean, as with the massive influx of people into Canada + inflation (some real, some predatory) many businesses are absolutely raking in the cash. That's the big negative of living in a country that supports a monopolistic economic system, you always pay for it in the long run and the bill is coming due.
I'm not sure I agree with you that competition will ever really equalize, no more than I believe we'll ever catch up on housing, as the numbers are just too high. I think with 1.2-2.5 million people a year pouring in over the next decade (unprecedented numbers that exceeds 'raw' US population growth - 1.26 million last year), you'll be lucky to afford a loaf of bread.
Our resident Prime Minister Galen Weston will sure be happy though, sitting on his private island counting his billions.
P.S. I was in line to pay at the grocery store and I heard a lady telling someone that her doctor of 30 years deleted her from his patient list because she hadn't been into the office in a while. Too many people, not enough doctors, and I guess if you're not "sick enough", they can find someone who is to fill your place.
I've sold a few over the years, the semi-recent ones I can think of are a landscaper, a bricklayer, a cleaning service etc... but for chump change (low 4 figs). Had an offer on godaddy for $3500 USD on guttercleaning but turned it down. Maybe shoulda just taken it and funded a much better TBR acquisition, but I wasn't quite ready to give it up just yet.