A social sharing tool, initially launched in 2015, has gained popularity with tens of thousands of websites leveraging its capabilities. Built on Ruby on Rails and Angular JS, the platform hit product market fit in early 2021 and subsequently introduced a Pro version. A major venture-backed startup in Silicon Valley made a compelling offer to the founders, allowing them to work full-time on new projects. As a result, the business now runs on autopilot, achieving organic sales growth with minimal maintenance.
The platform's intuitive design minimizes customer support needs, and current operational costs are low, mainly comprising a few hundred dollars monthly for hosting. This makes the business financially attractive, with potential marketing on platforms like Google or Facebook offering rapid returns. The platform's revenue outweighs its costs significantly, promising profits even without additional marketing efforts.
As this will be the sixth successful business exit for the founders, they aim to ensure a seamless transition for potential buyers. The acquisition process includes a series of steps, starting with a general discussion and non-disclosure agreement for access to analytics and platform insights. An "Intent to Purchase" protects the buyer's interests while deal specifics are finalized. Upon agreement, the transaction involves full asset transfer and continued founder support post-acquisition to facilitate a smooth transition. The founders are enthusiastic about finding a new owner for the tool as they shift their focus to upcoming ventures.
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 new official verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More