A WordPress plugin-focused business has been operating successfully since 2016, offering a suite of services that include backup and restore features, as well as security plugins in the WordPress marketplace, complemented by a cloud backup service. A notable milestone was achieved in 2021 through a successful campaign on a digital marketplace platform, which not only boosted finances but also strengthened the connection between customer feedback and the company’s strategic roadmap. The business has built a community of 23,000 email subscribers and primarily serves website owners and agencies involved in site development and maintenance. Although the core customer base is in the US, there is significant reach in the UK, Germany, and other regions.
The business model revolves around a subscription service for the WordPress plugin, where updates and customer support are contingent on renewal. Additionally, there is a cloud service operating on a software-as-a-service (SaaS) model, albeit in a trial phase. Financially, the company derives most of its revenue from sales of the WordPress backup plugin, significantly growing after the 2021 campaign. Monthly revenue averages between $4,000 and $7,000 USD, with minimal customer acquisition costs due to the free plugin version available in the WordPress marketplace. The decision to sell the business stems from a strategic shift to concentrate resources on a singular project, deeming the ongoing management of the plugin as secondary to updated organizational goals.
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