In the early 2000s, a prominent online community dedicated to a major car brand existed, boasting a substantial forum that attracted significant daily traffic. However, high hosting and bandwidth costs led to its downfall, and it subsequently underwent several ownership and design changes. In June 2011, two individuals purchased the site with a vision to transform it into a vibrant car showcase platform. Despite investing over three years and thousands of hours into development, which utilized technologies like Jquery, Bootstrap, ASP.net MVC, and Azure, they struggled to build an active community. The website offers features such as user showcases with specs and mods, photo galleries, and interaction opportunities through "fanning" and commenting. Vehicle data was sourced from external APIs, though ownership and transferral of this data are restricted. The site, which has yet to generate income despite efforts in digital marketing and SEO, costs around $20 monthly to maintain, plus domain-related expenses. The sale includes the domain, website files, social media accounts, and analytics, though third-party content is not transferable. The owners are selling due to lack of time and hope to find a buyer passionate about revitalizing the community. The transfer process includes using an escrow service and sharing files via Google Drive, with limited support offered post-sale.
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