The music site, designed to cater mainly to South East Asian audiences, offers features like MP3 search, lyrics, video access, and music news. Originally started by an individual to share their band's music, the site has grown significantly, averaging 20,000 visits daily over its six-month existence. Due to a new overseas job opportunity, the owner is selling the site, hoping to pass it to a music enthusiast looking to take the site to greater heights. Despite the lack of updates since early 2010, the site still generates revenue.
The platform can be managed by a single person with minimal business experience and offers an easy-to-use administration module. This includes capabilities for user, ad, artist, and news management, as well as design and content editing features. Included as bonuses are related social media accounts and a Firefox toolbar, with the promise that the next month's server costs will also be covered for the buyer.
Monetization results have been promising, with revenue streams from Google Adsense, Innity, and other advertising networks contributing significantly. The owner has also secured agreements with leading advertising networks in the region, offering lucrative CPM deals. Covering the server's monthly cost of $190 is the primary expense. Despite the success, the owner prioritizes their new job, prompting the sale of the site. Current traffic statistics highlight its rapid growth and popularity across several South East Asian countries.
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