In 2006, during their time at a prominent startup accelerator, two developers launched a web-based image editing tool. However, their active development ceased in 2009 when they began working for a major social media company. The application’s front-end is developed using JavaScript and Python, while the back-end relies on Objective-C. The editor operates on a specific personal computer model and is hosted through a specialized hosting service. The revenue for this service is predominantly automated, split equally between user subscriptions, one-time payments, and advertising revenue. Despite the stable revenue stream, there are unexplored opportunities for expansion, such as integration with the social media platform where they are employed full-time, which has hindered further development. Another potential enhancement could involve linking the service with a popular cloud storage provider, simplifying the process for users to edit and save their photos within their accounts. Additionally, the platform could expand its customer base by targeting professional photographers, given its capability to handle various RAW file formats alongside common ones like JPG and PNG, thanks to its foundation on a particular operating system's graphics APIs. These potential growth areas remain untapped due to the developers' current full-time commitments, leaving the service in its existing state despite its promising opportunities.
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