The online marketplace in question is a platform that facilitates the buying and selling of domain names, operated by a New York-based corporation. This marketplace offers a custom-built website with a user-friendly content management system that supports seven languages. It features a substantial user base, comprising over a thousand sellers and over a hundred buyers, and boasts top rankings for domain-related search terms in various search engines.
The website promises a stable cash flow of at least $1950 per month for its new owner, with potential growth depending on user engagement. Revenue channels include service fees, as well as advertising income from platforms like Google Adsense and others. The site's income is bolstered by monthly earnings from services sold, Adwords, text ads, and interactive ads, totaling over $1900 on average.
Future development plans include relocating a forum to its own separate site, which will also fall under the new owner's domain management. Additional assets included in the sale are social network properties and other related domain names. The website claims a potential for significant growth, urging prospective buyers to consider investments related to setting up accounts with domain service providers and ad platforms.
Interested buyers are encouraged to engage by placing bids, which will afford them more detailed access to financial documentation. The platform maintains a strict policy regarding the disclosure of financials and reserves disclosure only for qualified bidders.
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