A business owner is selling their entire venture, which includes an innovative iPhone application, a website, a provisional patent, and the API source code. This business was established a few months ago but the owner lacks the time to continue its development and expansion. The business addresses significant issues such as password theft and the inconvenience consumers face in creating and remembering multiple passwords. The platform aims to revolutionize the login process, presenting a more secure and user-friendly solution for digital security. The owner expresses the potential of this technology as the future of login systems, highlighting its capacity to solve numerous problems associated with traditional password systems. Despite their belief in the project’s potential for growth, the owner is seeking to hand over the business to someone with the time and resources to fully realize its capabilities and impact.
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