The owner of a popular social media networking site is looking to sell to pursue interests in real estate. Established in March 2007, the platform boasts over 31,000 users and has been acknowledged by top industry blogs and magazines. The site offers unique functionalities such as the ability to search and manage media from multiple sources, import personal data from various social networks, and create fan clubs with advanced customization capabilities. The fan club feature is highlighted as a streamlined tool for creating fan communities with revenue opportunities through ads. Despite its robust technology and integration, the business has shifted focus from initial user growth to monetization due to operational costs. Since March 2008, the site generated $107,000 in revenue through media partnerships and video advertising. Although the current earnings from online ads are modest, there's potential for a new owner to expand brand partnerships. The site benefits from consistent traffic, primarily from search engines, estimated at 10,000 daily visits, contributing to its value beyond direct revenue. The seller emphasizes the site's potential for further development under new ownership and urges only serious inquiries. Contact details are provided for interested parties to discuss the acquisition further. The anonymous seller expresses willingness to share additional information to the appropriate potential buyers.
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