3-Sentence Summary:
- Flippa is one of the top marketplaces to buy an online business.
- You can buy revenue-generating businesses like blogs, affiliate marketing sites, SaaS applications, eCommerce businesses, Amazon FBA, Shopify, AdSense, and more.
- Instead of trying to start a business from scratch you just buy an existing enterprise on Flippa.
Buy A Blog, Online Store, App, Saas Biz…
Flippa is an online marketplace where you can buy digital businesses including blogs, eCommerce sites, and more. Instead of trying to build your own business from scratch, Flippa can help jumpstart your progress by helping you buy a business that’s already up and running.
One of the biggest benefits of using Flippa is that it has listings for sale at a wide range of price points. Some listings are just a few hundred bucks while others range to over a million dollars. You can buy businesses outright or big on them through an auction in hopes of getting a better deal.
Flippa also has a crowdfunding marketplace, where you can invest in growing businesses instead of buying them.
How Much Can I Make?
This depends entirely on the site that you buy, its existing or future revenue potential, as well as your savviness in managing it.
One example of a potential site for sale on Flippa is Prim and Prep, an 8-year-old blog that’s focused on male grooming. This site gets 27,000+ page views per month, generates $1,860 per month, and operates at a 99% profit margin.
The current asking price is $49,000 which means that it’s selling at a profit multiple of 2.2X (since it generates around $22,000 in profit per year). With this in mind, you could potentially purchase this site and recoup your investment within 2 years. After that, you’d have $1,860 in free cash flow each month.
If this is out of your budget range, don’t worry. As we said, there are listings for sale at all price points.
Getting Started
If you’re interested in starting and growing your own business then Flippa can be a great place to get started. For most listings, almost all of the upfront work has already been done. This means that you can just take the reigns of a revenue-producing business and go from there.
You can browse through Flippa’s listings by creating a profile.
You can also follow Flippa’s newsletter to get alerted of new listings or listen to their podcast.
Disclaimer: The information provided by Do Not Save Money is for general informational purposes only and does not constitute financial, legal, or tax advice.
Do Not Save Money does not guarantee the accuracy, completeness, timeliness, reliability, suitability, or availability of the information contained on our website or that of any third-party websites we may link to. Do Not Save Money will not be held responsible for any errors or omissions in the information provided or for any loss or damage of any kind arising from or in connection with the use of the information contained on our website. You should seek the advice of a qualified financial advisor or other professionals with any specific questions you may have regarding your financial or legal situation.
Any decisions you make based on the information contained on our website are your sole responsibility and Do Not Save Money will not be held liable for any actions or inactions you take as a result of using the information provided. Please note that the value of investments and any income derived from them can go down as well as up and you may not get back the full amount invested. Past performance is not indicative of future results.
You must be logged in to post a comment.