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Niche: Technology

Monetization: App

App
  • Monthly Revenue: $36,754
  • Monthly Net Profit: $35,654
  • List Price: $1,069,628
  • Multiple: 30x

Summary:

This listing is for an app created in June 2017 in the social & networking niche. The free-to-download iOS app allows users a way to easily coordinate with friends. The business earns revenue from users subscribing to the app for the full version. With an outsourced development agency in place to work on the app, there is minimal work required from the Seller.

The app is ranked highly for multiple popular keywords on the iOS App Store and has over 3k reviews with an average rating of 4.4 out of 5 stars.  As mentioned, there is a development agency working on the app as needed. Updates are usually done two to three times per month and the team is looking to continue working with the Buyer.

The business has not done any paid marketing, so all traffic comes organically. Included in the sale is a branded website with information about the app. The site links to the app’s listing on the App Store where visitors can download it.  Also included are custom-built Apple Watch, iMessage and iPad versions of the app.

* We’ve decided to use a 11-month average of net profit for the valuation because we felt that a 12-month average did not accurately represent the current state of the business.

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Start Date

6th of June, 2017

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Assets Included in the Sale

  • App, including all code and listing information

  • Domain and all site content/files

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Work/Skills Required/Day to Day

  • Due to the development team in place, the Seller doesn’t work on the business much. The team handles development, designs, and project management.

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Graph Summary:

Ave pageviews/month

34,674

Net Profit/month

$35,654

Gross Revenue/month

$36,754

1Mo
6Mo
1Y
All
traffic

Proof of Income

  • February: $18,088
  • January: $26,942
  • December: $23,440
traffic

Proof of Traffic

  • February: 21,445 views
  • January: 34,459 views
  • December: 28,319 views

Download All

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Opportunities and Risks

Opportunities for this business include:

  • Marketing the app
  • Building an Android version
  • Continue adding content to the app
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Seller Support Includes

The Seller is willing to provide as much support as is needed to ensure a smooth transition.

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Reason for Sale

The Seller is looking to focus on other projects.

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Empire Certified

All listings in the Empire Marketplace are thoroughly vetted by our team. We evaluate all opportunities and risks to ensure only quality businesses are listed in our marketplace.

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How to Purchase

We are accepting Bank Wire and Bitcoin for this purchase. As soon as the refundable deposit is made, we will send you the relevant information to complete the payment.

After the refundable deposit is made we will send you the URL and additional traffic and earnings proof. During your due diligence process, you will have access to the Seller to ask questions.

Please note that someone else may purchase while you are still evaluating the business. The business is considered sold when the money from an accepted offer has been wired into Empire Flippers for purchase.

After the site is migrated and the Buyer has confirmed ownership, traffic, and earnings, the funds will be released to the Seller. All sales are final and there are no refunds. Earnings and traffic may decline due to Google updates, increased competition, mismanagement by the Buyer, and other factors. Empire Flippers makes no guarantees written or implied of the future performance of the site.

Listing Highlights

Average Monthly Revenue: $36,754

Average Monthly Expenses: $1,100

Average Monthly Profit: $35,654

* We are using the last 12 months to determine the averages.

Work Required Per Week:
1 Hour
Domain Type: com Private Blog Network (PBN): No Platform: Other Buyer Persona: Portfolio Paul

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