The sale package includes an iOS and Android application, the domain name, and the source code. To keep the app operational, the new owner will need a knowledgeable engineer, access to an AWS account, and access to an Apple Connect Account. The current owner is selling the app due to lack of time to maintain it. The application's revenue model is based on attaining a large user base and user interaction, which would allow for advertising opportunities for users and third-party companies wishing to sell their products. Expenses associated with the app include costs related to the AWS database and Apple Connect membership. Marketing efforts for the app have primarily utilized social media and Facebook ads. The app is fully functional with all expected features, and its future potential for improvement and scaling is considered high, especially if the new owner has strong marketing skills or a competent team.
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