The subject of this text is a SaaS invoicing and expense tracking application designed for freelancers and solo entrepreneurs, now available for sale. Developed using the Laravel 4.1 PHP framework, this application is known for its simplicity and responsiveness, with features appreciated by its users. The platform supports revenue generation through subscription sales via PayPal and credit/debit cards via Stripe. It also includes a well-rated Android app functioning as a web client wrapper. This business, incorporated in the UK in June 2014, up for sale, includes full ownership transfer of domain names, website, application, Android app, a VPS hosting account with SSL, and social media accounts.
The motivation for creating the application stemmed from the founder’s experiences as a freelancer, aiming to provide a streamlined, cost-effective tool tailored for similar users by stripping away unnecessary features found in other offerings. Since its official launch in September 2014, it has seen organic growth, with 1 to 6 daily new user signups despite minimal marketing efforts due to the founder’s PhD studies. The decision to sell is due to lack of time and marketing expertise, with the belief that someone else could further expand the business.
The sale package includes a non-compete agreement and a transition support offer. Hosting costs are cited at £43 per month for VPS Linux hosting and a dedicated IP. Currently, there are approximately 370 users, 7% being paying subscribers, and the app is built with Laravel and SQL but adaptable to other drivers and currencies.
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