Location
Contact Person
Mark Pastor
Phone
(315) 216-4739
Annual Revenue
$ 937,186
Price
$ 6,000,000
Cashflow
$ 325,778
Category
Internet
Year Established
2012
Employees
N/A
For sale is the leading brand and an internationally recognized pioneer in one of the hottest industries in the world, mobile app development training and tools. This company is the leader in teaching people how to successfully create mobile apps and market them. The company’s multiple training products and software tools have been proven to work, with 30+ apps from customers that have made it into the Top 200 of the App Store (15% of the top apps are represented by customers of this company).
With the largest app developer customer base (4,500) of any business in this market, 6 evergreen products and sales funnels that have produced over $3,000,000 in total revenue, a bestselling book, the largest active community of responsive developers, access to App Store data that can be leveraged multiple ways, and the leading brand for app developer training, this business represents a significant acquisition for the right buyer.
Highlights & Key Assets:
o Leading brand in the hottest industry in the world
o Bestselling book
o 4,500 app developer customers (more than any other business in this space)
o 30+ apps from customers have been in the Top 200 (15% of the top apps)
o App store data that can be leveraged multiple ways
o 6 valuable evergreen products and sales funnels
o Key software products
o IP / Intellectual Property
o High converting traffic funnels
o Prospect Lists (47,000)
o Partnership deals
o Team - complete team in place to run the business
Growth Potential:
o Expand marketing on evergreen traffic sources.
o Get physical distribution through stores and other retail distribution (nobody has fully taken this type of business mainstream yet but the opportunity is there).
o TV/informercial type marketing.
o Direct mail lists - promote to related business opportunity or entrepreneur mailing lists.
o Affiliate big brand business promotions.
o Live conference platform.
o Developing a monthly digital magazine (in process already).
Market Conditions & Competition
Mobile apps are growing overall, with indie developers looking to break into the market, companies looking to hire qualified developers and more businesses relying significantly on mobile marketing to reach their customers profitably. This business is positioned as the leader in a rapidly growing industry.
Financial Summary
N/A
Training & Support
The amount of time needed for training is negotiable based upon your needs. The seller understands there will be a transition time to phase things over to a new owner and is willing to stick around for a successful transition. The owner currently only spends 5 hours/week on the business. He is not currently involved with the daily operations as there is a team in place to handle that.
Reason for Selling
The owner is a serial entrepreneur who after a couple of years in any given business moves onto something else. He now wants to dedicate 100% of his time to other projects which are non-competitive. He is willing to help during a transition period to ensure the new owner can hit the ground running and be successful longterm.