The business in question provides proofreading and editing services and charges based on a per-word basis, for instance, $0.04 per word, which results in a charge of $40 for a 1000-word document. The business model involves hiring freelance proofreaders, who are compensated at $0.01 per word. Upon receiving an order, the document is sent to a proofreader along with a deadline. Once the proofreader completes the task, the edited document is returned to the business, which then forwards it to the client. The enterprise does not engage in advertising; instead, it relies on organic and repeat clients. Payments are processed through Stripe and PayPal. The owner wishes to sell the business due to a shift in focus towards other ventures, despite the business requiring minimal active management, making it a source of passive income. The new owner will receive guidance on hiring proofreaders and understanding the business model. The sale includes brand assets, customer databases, domains, marketing materials, social media accounts, website files, and custom technology. The business could be ideal for someone seeking a passive income stream. Post-sale support will be provided to the buyer, and a newly designed site look will be included. The business has some social media presence, with 170 followers on Facebook. There is no inventory to report in terms of units or value.
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