An entertainment website focused on music and celebrities boasts a significant global following. It operates largely on autopilot, supported by over 100 dedicated volunteer editors and managed by four administrators. The site comes with an extensive social media fan base, including 420,000 fans on a prominent social media platform and 121,000 fans on another. Additionally, it has 50,000 email subscribers. The sale package includes multiple domains with notable market value, and a file-sharing site to upload songs is part of the offering. The website earns substantial monthly revenue through various networks, bringing in $6,000 to $8,000 from one network, $1,000 to $2,000 from another, and $1,000 from a third. The website has previously utilized other advertising platforms. Revenue from individual artist promotions and events exceeds $3,000 monthly, with top posts priced at $1,500 per month. The site experienced a domain switch in October 2011 to enhance rankings but reverted back in February 2012 due to a lack of improvements.
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