The business in question is a low-cost social media management platform that was established to address the high prices typically associated with such services. The company's philosophy is that more affordable prices encourage greater user engagement. Currently boasting over 1700 active users and growing, the platform requires minimal maintenance, approximately two hours per day for customer support. Despite being commercialized only since late February, the business has achieved a Monthly Recurring Revenue (MRR) of over $1000, Annual Recurring Revenue (ARR) of $950, and has previously sold out over $30,000 worth of lifetime deals by the end of August. The revenue model is based on monthly and annual subscriptions, lifetime deals, and a recently launched affiliate program.
The business is being sold to free up funds for a new major project. It is ideally suited for entrepreneurs aiming to expand it into a million-dollar business or compete with established, costly social media platforms. The company possesses various assets, including custom technology, customer databases, domains, hosting accounts, marketing materials, social media accounts, and website content. The company has minimal inventory and a growing social media presence with a mailing list of 1.5K email addresses. Their recent PR campaign targeted 35 popular websites. New owners can expect support for 30 days post-acquisition, including a strategic roadmap and potential developer assistance to ensure a seamless transition.
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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