Andrei Tapalaga is a writer, publisher, journalist. A first-time buyer on Flippa, he has recently become the new owner of SnapOrbital, a WordPress Plugin business.
This is his successful acquisition story.
The Hunt for the Perfect Business
When Andrei first landed on the Flippa, his initial quest was open-ended, contemplating the acquisition of various assets such as Ecommerce, content platforms, or SaaS ventures. He knew though, that as soon as something good caught his attention, he would’ve been ready to buy it.
He spent about a month looking for the right business to appear on Flippa Then one day, his discerning eye spotted a nine-year-old WordPress plugin Ecommerce business, freshly listed on Flippa.
Actively reaching out to the seller within 24 hours of its appearance on the marketplace, Andrei initiated discussions and negotiations.
Acquiring a Powerful WordPress Plugin Store
SnapOrbital specializes in selling popular add-ons for the WordPress Learning Management Plugin LearnDash, as well as a stand-alone membership and eLearning plugins, coupled with and an innovative project management platform.
At the time of sale, SnapOrbital boasted a monthly profit of $11.6K, with an impressive profit margin of 87% and a TTM revenue of $180.2K.
The Experience on Flippa as a First-Time Buyer
In this first-ever buying and selling experience for both parties, Andrei commands Flippa’s invaluable support.
Certified M&A Advisor, Alexis Whitlock, played a pivotal role, guiding Andrei and the seller through every phase of the process, ensuring clarity in decision-making and facilitating seamless negotiations.
After agreeing to a sell price, Andrei and the seller dried the ink on the contract, and the sale was done.
Andrei’s Future Plans on Flippa
Impressed by Flippa’s professionalism and the adept guidance of its advisory team, Andrei is now actively exploring opportunities to expand his portfolio with another business acquisition.
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