A 21-year-old student with a background in IT has ventured into the realm of marketing and financial education, launching a fishing-related business network. This venture, established in January, has impressively expanded its reach from 24,000 to over a million followers in just six months, showcasing significant business potential. The primary strength of this business model is the absence of advertising costs, allowing for cost-free promotion of various products. Given the nature of the assets involved, which include Instagram pages, the risk factors are minimal as these virtual assets appreciate over time. The business generates income not only through direct sales from a fishing store but also from selling ads and leveraging affiliate marketing platforms.
Operationally, maintaining consistent engagement through regular posts on social media pages is crucial, a task that can be self-managed or outsourced. The accompanying store benefits from a dedicated sourcing agent to handle order fulfillment. The customer base predominantly comprises 25-34-year-old men from the United States. The success of this venture is closely tied to the effectiveness of advertising and landing pages, with proven ads included in the business offering.
Financially, the business is designed to scale with the growing network, translating to increased sales. Despite recent sales decline attributed to product oversaturation, preparations for a substantial re-launch are underway. Overall, the business experienced exponential growth in both network reach and sales, except for the recent downturn.
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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 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