Location
Contact Person
Mark Pastor
Phone
(315) 216-4739
Annual Revenue
$ 144,841
Price
$ 300,000
Cashflow
$ 140,284
Category
Internet
Year Established
N/A
Employees
N/A
For sale is a simple suite of 46 apps in the always hot and lucrative gaming guide and quiz niches. This portfolio has generated $144,841 from April 2013 to March 2014 and the revenue is on a uptrend. This portfolio has had a combined total of 580K downloads and continues to grow organically with no advertising or marketing done for the business as of yet.
This niche is very predictable and stable as long as the owner keeps the content current. The main upside to apps in this niche is the consistency. They don't normally see huge spikes in revenue but they are solid investments that produce stable revenue.
All in all, it's a solid portfolio that's not blasting through the stratosphere but is a solid revenue producing vehicle that would make a great addition to an existing portfolio or even a starter portfolio.
Highlights of The Business:
o In the hot gaming guide and quiz niches
o Apps that are simple to create and update
o 46 iOS Apps (iPhone and iPad versions of all the apps)
o 14 months of history
o Paid and free apps with in app purchases
Market Conditions & Competition
Growth Potential:
o Utilize these additional assets that are also included: 1) 169 ebooks - Seller had done up to $3K/month on Kindle with these ebooks. He took the books down because he wanted to focus on apps. 2) 40+ Android apps code - code included for apps that are not currently live. 3) 120-130 iOS apps code - code included for older apps where the seller replaced them with apps he thought would perform better. These produced anywhere from $2K-$3K/month in revenue.
o Import email opt in form into the current apps to build an email data base to market to
o Cross promote to the existing user base
o More app development
o Any marketing/advertising
Financial Summary
N/A
Training & Support
Support for this business is extremely minimal. Owner is flexible with training and transition terms.
Reason for Selling
Seller is looking to raise capital to venture into a new industry.