An entrepreneur, who was developing a travel application prior to the pandemic, is open to reasonable offers for a project initially to be launched under a specific name. With the product taking a new direction where the original name holds less significance, the entrepreneur is looking to pivot towards opportunities that are more aligned with current market needs. As part of the offer, the entrepreneur is including an additional 5% of the purchase price in free consulting services. These consulting services will be provided by their development team, which specializes in creating new projects (also known as greenfield product development), full-stack web application development, and architecture, along with mobile application development. The entrepreneur presents this as a valuable offer for anyone looking to enter or expand within the tech development field, especially those interested in tapping into new product markets. The consulting services are likely intended to optimize any transition or enhancement processes for potential buyers, adding a competitive edge to the offer. The development team’s expertise can provide significant value, emphasizing both web-based and mobile app development capabilities.
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.