The businesses in focus are two online communities acquired in 2013, one operating under the alias Person.com and another confidential video site. Both platforms boast a substantial user base of nearly 5 million people. The communities foster user interaction through instant messaging, video chat, and a Tinder-like matching feature. Primarily monetized through subscriptions, Person.com’s most popular freemium model offers the first month free followed by a recurring fee, generating over $63,000 in annual revenue. The video site follows a $10 per month subscription model, earning about $70,000 annually.
The current owner is not the original founder but has strategically developed the platforms post-acquisition, elevating Person.com to be a competitive video chat and matching service. The sale is motivated by a strategic shift to other digital ventures. Prospective buyers will receive operational and technical training.
Key elements of the sale include all domain and social media assets, a significant subscriber database, and full rights to content. Revenue is primarily driven through Braintree and CCBill. The sites do not require constant updates but depend on PHP, MySQL, and third-party services like Facebook API for functionality.
Limited SEO efforts have been employed, and there’s potential for growth through marketing and app development. The seller ensures migration support and maintenance guidance post-purchase. The main advantage over competitors is the live video chat feature, and the growth potential lies in expanding customer acquisition strategies. The seller offers a three-year non-compete agreement and post-sale support and training for up to three months.
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