The term flipper is used to denote stock traders and real estate traders who buy and sell in a very short period of time.
There are a lot of things you can flip to make money. It could be shares you purchase and sell or you can become a real estate flipper.
There are business flippers who buy ailing businesses revive them and then sell for profits.
In the same vein their are website flippers.
The persons who buy and sell websites.
Flipping websites is quite a popular method to make money.
Flipping websites is the process of buying websites with hidden value, fixing them up, and then selling them later for a profit.
The buyer is happy because they have a new site, the seller is happy to turn a profit.
But it requires an investment andmay not be a game for newcomers.
yaro Satark has written a very good article on flipping business.
You can read it here. It is quite informative