The business in question operates a universal crowdsourced content editing platform that links content creators with domain experts. It has facilitated the submission of over 600 essays and generated $1,100 in revenue over the past year. The platform is built using React Native and MongoDB technology. It charges clients $9 per essay review and compensates its editors $4 for each review completed. Initially, the platform connects college applicants with current college students at their target institutions to assist with entrance essays. There is potential to expand its services to general essay review by involving top experts, to resume reviews by connecting job applicants with recruiters, and beyond. The current owners, who are college students, are looking to sell the business as they will be graduating and starting full-time jobs, thus reducing their availability to manage the business. The business offers a range of assets including brand assets, customer and supplier contracts, custom technology, customer databases, domains, marketing materials, email accounts, social media accounts, and website files. It has modest social media engagement, with 120 followers on Facebook and 17 on Twitter, and a mailing list of 1.1K email addresses. Post-sale support is included as part of the sale package. This platform presents an opportunity for expansion in multiple directions within content creation and expert consultation.
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 new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More