The website is a five-year-old sweepstakes community and directory, initially launched under multiple domains and consolidated into its current form in 2009. Boasting 30,150 registered users, it garners 110,000 visits monthly and achieves 2,000,000 page views. The daily newsletter has 22,700 subscribers. Users can discover and track sweepstakes entries through advanced tools, with new sweepstakes added by users, publishers, and the administrators. Unique coding and user-friendly admin tools simplify site management.
The site is being sold because the current owner is focusing on a new offline business. Included in the sale are previous domain names still attracting traffic, and a new concept designed to generate traffic by allowing webmasters to offer yearly prizes.
The site operates on a robust server setup with significant capacity. Revenue is generated through Adsense, affiliates, user upgrades, and featured listings purchased by publishers. Revenue figures for recent months show a decline, attributed to currency conversion and a lack of promotional activity. Monthly revenues were: November - $5,168, October - $6,401, September - $7,465, and August - $9,012.
The sale includes all data and domains. The decline in revenue is partly due to changes in currency exchange rates and less focus on maintaining affiliate relationships. Despite these challenges, the potential for revenue through strategic enhancements remains significant.
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