Empire Flippers - Leading Platform for Buying and Selling Online Businesses

Online Business Brokerage

Overview
Summary
Empire Flippers, directed by Gregory Elfrink, started as an outsourcing company and evolved into a prominent online business brokerage firm. They assist in the buying and selling of online businesses, including websites, e-commerce stores, and SaaS platforms. The company, recognized as one of the fastest-growing in America, has brokered over $50 million in deals. It differentiates itself with a transparent approach, showcasing detailed statistics of its operations and success stories, and has a strong focus on ensuring the legitimacy and profitability of the businesses it brokers.

Unique Aspect
Empire Flippers stands out for its transparency in brokerage dealings and its comprehensive service that includes vetting, marketing, and facilitating the transfer of online businesses.

Approach to kick off
Initially an outsourcing company, the pivot to brokering online businesses was driven by a need to diversify and capitalize on the growing digital asset market.
Scoop
Business Model Viability
The business model has shown substantial viability, catering to a growing market of digital entrepreneurs and investors seeking to buy or sell online businesses.

Future Projections
Plans to continue growth and potentially expand into brokering larger deals above the $10 million mark.
Startup Stats

📊 ARR: $4,200,000

📈 MRR: $350,000

🚀 Startup Costs: $0

👥 Team Size: 53

🌍 Market: Targeting individuals and entities looking to buy or sell online businesses, primarily in the sub $10 million range

👨‍💻 Users: Has brokered over $50 million in deals, with a large and growing buyer pool

💰 Funding: Self-funded, initially started as an outsourcing company in the Philippines

👨‍💼 Founders: Justin Cooke