The unique app described in the text is a location-based platform incorporating a peer-to-peer and circular economy concept. It features profiles with followable wardrobes and likable items, extensive filtering options, and a review system. The app confirms when clothes are dropped off or picked up and includes a point system for uploading and ordering clothes. Visually, it resembles a mix between Instagram and a buy-and-sell app, allowing for easy modification into a buy-and-sell platform with profiles and a review system.
Included in the sale is the app's source code and the contact information of the developer responsible for building it. Maintaining the app requires installing it on private servers, setting up a Firebase account, and creating Google Play and Apple accounts for app publishing.
The app is being sold due to an unsuccessful launch in its original market primarily attributed to a limited marketing budget, although the app's concept is deemed excellent and adaptable for various buy-and-sell applications with minimal adjustments.
Currently, the app does not generate revenue, and it would be up to the new owner to implement a monetization strategy. Associated expenses include server costs and publication fees for the App Store and Google Play. Previous marketing efforts included social ads. There are no specified suggestions for future improvements clearly outlined in the text.
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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 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