The sale includes a mobile app available for both Android and iOS platforms, along with a website and a social media page. To maintain the app's operational status, it requires updates to comply with the latest GDPR standards and modifications to the source code for compatibility with newer smartphones. The current owner is selling the app due to a lack of time and the necessary skills to develop it further. Revenue is primarily generated through advertising. The expenses associated with the app include fees for listing on Android and iOS app stores. Initially, the app was promoted through an advertising campaign. Future improvements for the app may involve updating the GDPR compliance and the source code to support video and audio recording features.
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