The sale offering includes a comprehensive package consisting of a domain, its accompanying website, and design. The primary product is a Software as a Service (SaaS) system that provides users with functionalities such as online invoicing, expense tracking, payment acceptance, and real-time financial monitoring among others. The system also offers tools for invoice management and time tracking. The platform attracts 20-25 new sign-ups daily, totaling approximately 700-800 monthly, with an active user base of around 600 users.
For operations, the site is hosted on a cloud service, with maintenance requiring a modest monthly fee. The current owners cite a lack of time to explore monetization opportunities as their reason for selling, having already invested in feature and design enhancements to boost traffic. Despite its robust features, the service currently does not generate revenue, representing a potential opportunity for prospective buyers to explore revenue-generation avenues.
Operational costs include hosting fees along with part-time personnel costs for customer service and development. The site's visibility has been bolstered through various online PR articles and is recognized among top online invoicing and business tools on multiple platforms. Future improvements could focus on feature enhancements and support mechanisms like live chat to increase traffic and convert user sign-ups into revenue streams. Overall, the platform offers a fertile ground for growth through strategic enhancements and effective monetization strategies.
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