The sale package includes an application with a user base of approximately 106,600, an open-source component valued at $4,000, along with associated social media accounts including a Facebook page, Instagram profile, YouTube channel, and a website. To maintain the app's functionality, ongoing expenses include a hosting plan at $25 per month, a domain name costing $11 annually, and a Google Android fee of $25 per year. The current owner has decided to sell the app due to a lack of time to invest in its growth. The app presents opportunities for revenue generation through user-paid advertisements and Google AdSense. At present, there are no additional expenses required to operate the app.
Initially, marketing efforts for the app involved paid advertisements on Facebook and Google Ads during the first two months. Now, the app's marketing is sustained organically. Future potential for the app includes expanding its reach to additional countries, as it currently supports three languages: English, French, and Arabic. The app bears similarities to popular platforms like Letgo and OfferUp, suggesting an opportunity to easily reach one million users and significantly increase revenue from user-paid advertisements. This growth could further enhance the app’s market presence and profitability.
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