Why do some sites on Flippa sell for so cheaply?

I'm not talking about the ones that cost 1-5k and are sold mainly on fake traffic, but rather the ones that sell for 100-200 bucks.

An example would be a site called famfig that's being sold for 125.

What's the catch? How does that work? The site isn't ugly. In fact it's got a really nice layout. Even without any traffic, shouldn't a site like that be sold for a lot more just because of how much it costs to put together a website in the first place?

submitted by /u/DrearyDimension
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