A web-based software, launched in 2010, provides an easy way for online businesses to incorporate referral programs into their websites. Garnering attention from industry blogs, it maintains a competitive presence and has respectable visibility in search results. Despite minimal marketing efforts over the past year, the software's revenue remains stable, though slightly reduced. The business is not fully passive, requiring attention to marketing and sales processes to capture potential growth opportunities. Currently, there are some missed opportunities with notable leads due to a lack of adequate sales handling. The decision to sell arises from a need to concentrate on a core real estate business.
The revenue model is entirely based on recurring subscriptions, boasting 31 active subscriptions divided among different plans ranging from $29 to $199 monthly. Fixed expenses have averaged $235 over the last year, with daily maintenance and customer support requiring about two hours, which is currently outsourced.
The software is built on a customized Python-based stack, and the sale includes several assets such as domain names, software source codes, databases, third-party system accounts, and social media profiles. The sale also encompasses existing recurring subscriptions. A transition period is offered, with a one-hour knowledge transfer session via Skype and 30 days of post-sale support through email or instant messaging. The intention is to ensure a smooth handover for the new owner.
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