The described platform facilitates the connection between food enthusiasts and producers, aiming to make quality food and drink accessible to all. It places emphasis on supporting artisan producers and showcasing British produce, with a focus on assisting small UK food and drink businesses. The platform operates by linking buyers with sellers, earning a commission between 10-20% on each sale. Sellers receive automatic alerts for orders and update their account to inform buyers once orders are fulfilled. The platform then deducts its commission and pays the remaining balance to the vendors through PayPal. The target audience comprises individuals passionate about consuming well-sourced food and learning about the origins and stories behind their producers.
Financially, the platform has not generated substantial revenue due to a lack of promotion. It is part of a collection of websites owned by the founder, primarily within the hospitality industry, who has not been able to dedicate sufficient time to its development, especially following the COVID pandemic. There is a significant commercial potential for an investor interested in capitalizing on the growing trend of purchasing responsibly sourced and sustainable food online.
Potential buyers are encouraged to explore similar successful marketplace websites as examples of growth in this sector. The venture would be ideal for someone with a strong interest in high-quality food and drink.
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