The sale includes an Android app, an iOS app, and a website. To maintain the app's operation, the purchaser will need to manage a domain, hosting, and utilize AWS Cloud Services. The reason for selling the app is that it has grown too large and demanding for the current operating team of two individuals. Although the app does not presently generate revenue, there is potential for future income through advertisements and a planned fee structure for inventory exchanges. The current expenses associated with the app are minimal, consisting of a $100 annual cost for the domain and hosting services. Marketing efforts have primarily utilized the website, social media platforms, and faxes. To enhance the app further, the future owner could consider increasing outreach efforts via email campaigns, advertising, and potentially more direct communication methods, such as phone calls.
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