2 Web Flipping Business Success Stories [2024]
A web flipping business is where you purchase a website, improve its revenue and then sell it for a profit. To start a web-flipping business, find an undervalued site with high traffic but a poor monetization strategy. Alternatively, you can build your website, grow it and then sell at a profit.
To earn profits from web flipping, you must spend time churning out high-quality content and growing your following before you can start making money.
In this list, you'll find real-world web flipping business success stories and very profitable examples of starting a web flipping business that makes money.
1. BlackBook Investments ($2.1M/year)
Mohit Tater, the founder of BlackBook Investments, came up with the idea for his business after buying and scaling a social media marketing agency that he purchased on Flippa. He realized that he had a better chance of scaling an already profitable business and decided to help others invest in internet businesses as well. Today, BlackBook Investments is a 7-figure business with over $7.5M in assets under management and is rapidly growing.
How much money it makes: $2.1M/year
How much did it cost to start: $2.5K
How many people on the team: 25
Mohit Tater, CEO and founder of BlackBook Investments, shares his company's offerings of buying and operating profitable internet businesses and helping others invest in these businesses, with a minimum investment of $100,000 for the one-to-one offering and $25,000 for the group buy offering, and has over $7.5m in AUM and growing at a very rapid pace.
2. Flip My Site ($100K/year)
Marc Andre identified the opportunity for Flip My Site through his extensive experience in building and flipping websites since 2007. After successfully exiting several online businesses and seeing the potential in sharing his expertise, Marc noticed a gap in comprehensive resources about buying, growing, and selling websites. This realization came particularly after his exit from multiple websites in 2023 when he felt the need for a new project that aligned with his skills and interest.
He validated his idea by leveraging his knowledge and understanding of the online business market, recognizing that there are many entrepreneurs looking for similar success stories and guidance. Marc began by writing content and sharing his and others’ success stories, which resonated with many aspiring online business owners. Based on the feedback and interactions he received, he continuously refined his content to better meet the needs of his audience.
Challenges during the ideation phase included ensuring that his content remained relevant and valuable amid the rapidly evolving digital landscape. However, Marc's adaptability and focus on curating insightful stories and practical advice helped him navigate these issues effectively. His key lesson was the importance of persistence and continuously engaging with the community, which has been a cornerstone of Flip My Site's development.
How much money it makes: $100K/year
How many people on the team: 2
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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