Location
Contact Person
Mark Pastor
Phone
(315) 216-4739
Annual Revenue
$ 91,212
Price
$ 217,500
Cashflow
$ 87,612
Category
Internet
Year Established
N/A
Employees
N/A
For sale is a portfolio of 126 wallpaper based apps that have produced over 14 million impressions. The key value with this portfolio is in using these apps to cross promote other apps and bring them ranking. Full list of applications included is available in the prospectus.
Highlights:
o Recurring Revenue (passive)
o Bug-free, good quality, reusable code. All work is done in-house. No external dependencies.
o High quality artwork & graphics
o Maintenance free with almost no maintenance costs
o Releasing new apps on same code is just 7-8 hours task (no iOS developer skill needed)
o All Intellectual Property created in-house (no bought code or graphic assets)
o iOS8 ready apps
NOTE: Financials are annualized based on recently monetizing the apps over the past months. Seller is open to offers.
Market Conditions & Competition
Growth Potential:
o It can be used to cross promote other apps and bring them in ranking (another service business potential)
o New in-app strategy can be implemented (currently most part of income is through Ads)
o Paid Apps of all free apps can be created and would result in increasing revenues of $80-$120 per day
o The tested source code that can be used to create MVPs in just hours for any new app concept without investing a lot
o Better ASO can bring most of the apps in high ranking as the app ideas are created based on high demanding niches
o Currently the apps use AdMob which offers okay RPM and other Ad networks who offer high returns can be tried and leveraged
Financial Summary
N/A
Training & Support
Owner is flexible with training and transition terms.
Reason for Selling
Sellers are successful entrepreneurs with multiple businesses. They are pivoting their main business and will be using the sale of this portfolio to fund the development of an app around social data analytics app and entering the enterprise level of that market.