Cloud-based SaaS platform enabling businesses with no technical knowledge or coding skills to create their own native mobile app and publish in the app stores.
This text concerns a company that provides a cloud-based platform designed to enable users with minimal or no technical expertise to develop their own mobile apps. Founded in 2011 and headquartered in Nottingham's Creative Quarter, the platform boasts customers across 138 countries. The service aligns with small to medium-sized enterprises (SMEs) in business-to-consumer (B2C) sectors such as restaurants, gyms, and salons. The company achieves 99% of its revenue through monthly recurring revenue and derives income predominantly from its direct engagement with end businesses and from reselling partnerships.
The company's expenses primarily include staffing costs essential for platform support and technology costs associated with cloud hosting and SaaS tool subscriptions. Operational activities include providing customer support and aiding in publishing new apps. Customer acquisition focuses on content marketing and search engine optimization, ushering users through a self-service process from a free trial to subscription. Despite currently relying solely on content marketing for lead generation, there is significant potential for growth through expanded marketing strategies.
The founder intends to sell the business after managing it for 14 years, citing a shift in focus to other ventures and a belief that a new owner could enhance its potential. The founder suggests expanding through partnerships to leverage widespread customer bases, potentially by integrating apps into various industries like breweries or large accounting firms to support their respective SMEs.
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 new official due diligence service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More