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24 February, 2020 / Mon, 6:22 am

Date: 07.05.2019.

Buy Online Businesses or Apps on Flippa

Opportunity to purchase a business, app or asset

Flippa
Flippa

Ever wanted to be a business owner without the advanced research requirements and time investment? Then Flippa is perfect for you. It’s an opportunity to purchase a business, app or asset that’s already generating money. Let’s take a look at exactly how Flippa works.

What is it?

Flippa is an online marketplace for buying and selling businesses, apps, websites, and domain names. They have many listings where you can quickly find businesses and income streams for sale. You can view each assets current value and how much they’re earning on a regular basis. Then you can bid on the business through the Flippa secure system. If you win the auction, you own the business, app, website or domain. It’s that simple. It’s an addictive thrill to browse the website and find potential income streams within your budget.

Who is it for?

Anyone with an understanding of business and an idea for how to turn digital assets into income. Remember—once you own an app, you’re responsible for its continued success. That means fixing any bugs, marketing, etc. That being said, buying an already-established success (or promising up-and-comer) means less initial investment of time and money on your part, and a quicker path to earning.

If you’ve always wanted to dip your toes into owning businesses, Flippa is the perfect opportunity for you.

How does it pay?

It’s difficult to assess an average earning rate for users of Flippa, as the kinds of digital properties available vary so widely across so many different industries. For example, the current Flippa home page at the time of writing this features a business up for auction at $385,000 and a domain name available for $1. How much you earn will depend on your initial investment.

That being said, the more upfront capital you can generate, the more effective your investment will be. Blogs and apps on Flippa are generally valued at 12-24x their monthly revenue. That means an app earning $100/month could cost around $1200-$2400. The more you can spend up-front, the more potential you’ll have to earn more. When you combine a larger initial investment with your own expertise, that’s when you have the power to enjoy some real earnings through Flippa.

Pros

  • A wide range of digital properties for sale, no matter your initial investment budget
  • Clear listings that give detailed descriptions of current earnings and history
  • Opportunity to work your way up to bigger and bigger investments through small initial purchases

Cons

  • Requires capital to buy anything significant
  • Income potential varies widely—dependent on your investment and business instincts
  • Auction style - You can always be outbid for a property you really want
  • Requires initial financial investment
  • Recommended you have business experience. There are possibilities of purchasing a flawed app or website so you have to know how to do your due diligence

How to Get Started

Head to Flippa to start browsing through apps and other properties for sale. You’ll begin to get a sense for good profit-to-price margins, as well as the kinds of apps that do well. Like most businesses, this opportunity will reward diligent research.

Summary

With the potential for serious earnings if you’re willing to do the research and invest money, Flippa is a powerful opportunity to obtain lasting passive income. Just remember not to dive right in with a major investment. Be patient and jump on smart opportunities that arise on the auction site.

Income
Finance
Investment
Ideas
Business
Tehnology