A student initiated a project called AbsurdlyCool Freebie Finder in 2006, designed to aggregate and filter free offers from spam and scams. This website identifies legitimate freebies by recognizing links shared across multiple platforms without referral IDs. Over the years, it gained prominence, featuring on notable blogs and achieving high search engine rankings. Initially, the site drew significant traffic and engagement, but due to the founder's commitments as an executive and co-founder at startups, it has been neglected, resulting in decreased visits. Despite no recent PR or SEO efforts, it still generates $6,000 to $10,000 annually, mainly through Google AdSense and carefully selected affiliate campaigns. The technology behind the website relies on Perl CGI scripts, with a more recent administration system in Ruby on Rails. The site is low-maintenance, running on a cost-effective VPS with minimal daily operations, which can be outsourced or handled with little personal involvement. However, to rejuvenate the site and boost traffic, addition of robust marketing and blogger outreach is vital. The potential buyer should have technical knowledge, especially in Perl and Ruby, and an interest in marketing. The acquisition includes domain transfer, source code, and social media pages, with the seller offering limited support during the transition. The site's design remains basic but effective, and despite the downturn, it represents an opportunity for growth with the right investment in publicity and strategic updates.
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 verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More