Flippa
FOR SALE
Business Name

wpWave

Business Model
Services
Industry
Internet

$80,000

Asking Price
Multiple 2.2x
wpWave is the creator of Hide My WP which is a leading WordPress security plugin with over 25,000 satisfied customers.
This business owner has manually entered their financials

Facts and Figures

Location
India
Date of Founding
2013
Full-Time Staff
1 to 10
Annual Revenue
$42,000
Annual Expenses
$6,000
Annual Net Profit
$36,000
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month January 2019 February 2019 March 2019
Revenue $3,192 $3,990 $3,591
Expenses $500 $500 $500
Net Profit $2,692 $3,490 $3,091

Business Description

Hide My WP is a WordPress plugin which helps webmasters hide their website from attackers and spammers. It also helps them secure their website using the bundled Intrusion detection system (IDS) within the plugin.

We recently released a free version of this plugin in the WordPress directory.

How does your business make money?

By selling the plugin on Envato marketplace.

Why should someone buy this business?

It's a self-sustained single-plugin-business that has proven itself over the last 6 years. The owner has to simply spend 1-2 hours per week to oversee it. The support person comes along with the business who takes care of all support tickets for you. The business also comes with the Envato Elite profile.

How can the future owner improve this business?

Regular updates and marketing will greatly improve this business.

Why are you selling this business?

I am now focusing full time on my new job and have left with no time on this.

Business Strengths

  • Key Words Ranking
  • High Profit Margins
  • Outsourced Technical Operations
  • Passive Revenue
  • Well Established and Unique Brand

Opportunities for a new owner

  • Launch New Products
  • Improve Current Marketing Efforts
  • Develop New Features

Key day-to-day operations

  • Managing Staff
  • Bookkeeping

Marketing

  • SEO
  • Word of Mouth

Assets

  • Brand assets
  • Custom technology
  • Customer databases
  • Domains
  • Hosting accounts
  • Marketing materials and collateral
  • Social media accounts
  • Website files, source code and content
  • e-Commerce platform accounts

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

About the Seller

Vikas Singhal

India

I am Security Engineer and a Software developer by trade. I have developed and sold many businesses (cmslauncher.com is one such example). I love to build stuff which makes and impact.

Contact