The sale includes an app available on both the App Store and Play Store, along with a web app launched in April 2019. This package comes with the complete source code, servers, databases, and all necessary accounts. Additional versions of the app catering to different user groups are also available as part of the sale. The app operates autonomously without maintenance and recently overcame a significant bug affecting its matching algorithm, which had previously impacted revenue.
The seller is offering the app because, despite their engineering skills, they lack expertise in marketing and sales needed to maximize its potential. They believe the app has the potential to be highly profitable, but they are unable to elevate it alone. Revenue is primarily generated through in-app purchases, with the new web app already attracting organic traffic of 3.6K visitors. The app incurs a monthly expense of $100 for hosting services. No formal marketing has been conducted, yet the app has achieved notable organic traffic and ranking success in app stores.
Opportunities for the future owner to enhance the app include launching marketing campaigns, adding monetization features, and incorporating a one-to-many live stream. The app is built using contemporary technologies such as React Native, React, and Elixir/Phoenix, with hosting managed on platforms such as Heroku and AWS. This technological foundation and the app's current organic reach present promising growth potential for the next owner.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More