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- RE: AI ChatGPT Based App With Subscription Revenue
- Contact: Eric Owens
Quick Facts
Asking Price: | $140,000 | |
Annual Revenue: | $73,000 | |
Net Profit: | $70,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | Not Disclosed | |
BBN Listing #: | 853732664 | |
Broker Reference #: | 594946 |
Business Overview:
For sale is the first smart AI Assistant powered by Chat GPT on the app store launched in December 2022. The app provides a smooth, high quality user experience with one account that works across web, app and keyboard. It includes advanced features such as AI voice commands, AI memory management, integrations with DALLE, GPT 3.5 and GPT-4.This brand on the app store is trusted and well liked and maintains high quality throughout the product. This leads to some high usage (Pro users spend an average of 58 minutes/day on the app, Free users an average of 11 minutes/day). There is a high potential to grow the service in an exploding AI consumer market that has huge search volumes.
NOTE - Financials shown are the run rate based on the most recent three months average.
Highlights & Key Assets:
o Serious AI product that is as good or better than much larger competitors that are doing $1mm/MRR
o Rapidly growing niche that is going mainstream (currently a $20B market forecasted to reach $240B)
o High quality app, design, UX and marketing materials – robust code and build
o High usage (50 min/day average for active users)
o 4.8 App Store Ratings
o 2,000 5-star App Store reviews
o Organic traffic (all)
o $12K MRR growing 5% monthly and cashflow positive from Day 1
o Low maintenance costs
o Email lists of approximately 70,000 user emails
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Reason for Selling:
The owner is pursuing a separate venture.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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