Location
Contact Person
Mark Pastor
Phone
(315) 216-4739
Annual Revenue
$ 871,875
Price
$ 900,000
Cashflow
$ 112,833
Category
Internet
Year Established
2011
Employees
N/A
For sale is a multi-category app suite covering 10 categories with apps in all top 3 app stores (iOS, Android, and Windows). Seller has recently cracked the code on advertising producing an increase from $30,000/month to $326,000 in a recent month.
Founded in 2010 by group of seasoned developers who decided to open new horizons in the mobile world. With more than 30 years of total development experience and hundreds of projects completed, they wanted to try something new leading them to mobile applications.
This business has focused on useful apps for everyday living and with over 5,000,000 combined total downloads on all three of the major platforms, it’s apparent they chose the right focus.
The apps in this portfolio are generally functional apps that serve a purpose beyond simple entertainment. A great display of this is with their their top selling and top chart app that has produced $704,981.16 since Jan 2011.
The great thing about this business is the heavy lifting of developing the apps and getting a market presence has already been done. The first 2 years were spent building the portfolio, marketing the apps, fine tuning the processes, and getting a strong market presence leaving the new owner coming in at the optimal time with the least amount of risk.
In addition, the current owners have just cracked the code on how to monetize these apps and dramatically increase revenues and profits. The business has experienced explosive growth from this process.
The owner has been honing in advertising efforts and has dialed it in very well as you can see by the huge spikes in revenue. It’s a global marketing effort and they’ve cracked the code on it bringing substantial revenue increases to the business taking it from approximately $30,000/mo to doing $320,000 in a recent month!
The marketing methods and strategies the owner uses are completely duplicatable and scalable. However, the owner has backed off in the last month while updating the apps to be compatible for iOS7 to capture the massive holiday revenue spike.
Highlights:
o Over 5,000,000 combined total downloads
o Cracked the advertising/ marketing code for huge increases in revenue
o Over 2,000 total combined downloads per day on average
o 100,000 daily active users
o Flashlight app grandfathered into the app store (Apple no longer accepts flashlight apps)
o Active on all three of the top platforms (Apple, Google, Windows)
o Useful and functional apps
o Great portfolio to cross promote new apps
o Steady increase in sales and revenue
o High quality popular apps
This business has been through the toughest, most expensive, and most uncertain time in every app businesses and has proven the viability of the business through the numbers.
Market Conditions & Competition
For sale is a multi-category app suite covering 10 categories with apps in all top 3 app stores (iOS, Android, and Windows). Seller has recently cracked the code on advertising producing an increase from $30,000/month to $326,000 in a recent month.
Founded in 2010 by group of seasoned developers who decided to open new horizons in the mobile world. With more than 30 years of total development experience and hundreds of projects completed, they wanted to try something new leading them to mobile applications.
This business has focused on useful apps for everyday living and with over 5,000,000 combined total downloads on all three of the major platforms, it’s apparent they chose the right focus.
The apps in this portfolio are generally functional apps that serve a purpose beyond simple entertainment. A great display of this is with their their top selling and top chart app that has produced $704,981.16 since Jan 2011.
The great thing about this business is the heavy lifting of developing the apps and getting a market presence has already been done. The first 2 years were spent building the portfolio, marketing the apps, fine tuning the processes, and getting a strong market presence leaving the new owner coming in at the optimal time with the least amount of risk.
In addition, the current owners have just cracked the code on how to monetize these apps and dramatically increase revenues and profits. The business has experienced explosive growth from this process.
The owner has been honing in advertising efforts and has dialed it in very well as you can see by the huge spikes in revenue. It’s a global marketing effort and they’ve cracked the code on it bringing substantial revenue increases to the business taking it from approximately $30,000/mo to doing $320,000 in a recent month!
The marketing methods and strategies the owner uses are completely duplicatable and scalable. However, the owner has backed off in the last month while updating the apps to be compatible for iOS7 to capture the massive holiday revenue spike.
Highlights:
o Over 5,000,000 combined total downloads
o Cracked the advertising/ marketing code for huge increases in revenue
o Over 2,000 total combined downloads per day on average
o 100,000 daily active users
o Flashlight app grandfathered into the app store (Apple no longer accepts flashlight apps)
o Active on all three of the top platforms (Apple, Google, Windows)
o Useful and functional apps
o Great portfolio to cross promote new apps
o Steady increase in sales and revenue
o High quality popular apps
This business has been through the toughest, most expensive, and most uncertain time in every app businesses and has proven the viability of the business through the numbers.
Financial Summary
N/A
Training & Support
The support for this business is minimal like most app businesses (max of 4-6 hours per week at peak times). The current owner will advise and train you on the business. Exact amount of time and transition is negotiable depending on your needs.
Reason for Selling
Owner wants to use proceeds to pursue a social networking development project.