The anonymised text outlines a marketplace platform launched in 2009 that connects clients with tattoo designers, facilitating custom tattoo design contests. With a user base of over 22,000 designers and 16,000 customers, the platform offers a unique crowdsourcing model where clients receive multiple design options, with winners awarded pre-agreed prize money. The platform, which resembles other design crowdsourcing sites, allows non-winning designs to be purchased later, boasting over 146,000 available designs. The business earns through listing fees, commissions on competition prizes, and design sales and advertising. Founders emphasise growth potential by improving design contest conversion rates and exploring additional revenue streams such as social media promotions and affiliate partnerships. The business, operated with minimal owner input (approximately 10 hours weekly), is seeking a new owner due to other business commitments. It offers complete source code ownership and maintains a strong online presence through various channels. The seller offers support for up to six months post-sale and outlines numerous growth opportunities, including expanding advertising, increasing commissions, and developing a mobile app. The text also addresses operational aspects such as pricing models, competition analysis, and potential geographical constraints related to payment processing. The owner assures all ongoing responsibilities, contractor roles, and financial dealings are highly automated and transferable. The platform presents a well-established business model with avenues for further development and increased market share.
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