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- RE: Car Monitoring & Control App With $98K MRR
- Contact: Eric Owens
Quick Facts
| Asking Price: | $1,900,000 | |
| Annual Revenue: | $1,027,564 | |
| Net Profit: | $603,159 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 980646 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Available for acquisition is a mobile application that allows users to monitor key information about their vehicle. Comprehensive details include Engine Oil Life, Fuel & Battery Remaining Level, Fuel Tank & Battery Capacity, Fuel & Battery Consumption, Odometer, Tire Pressure with recommendations, and more.
Works with many popular automakers in the USA, including Acura/Honda, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Jaguar, Jeep, Land Rover, Lexus, Lincoln, MINI, Mercedes-Benz, RAM, Tesla, Toyota, Volkswagen, Volvo, and many more. No additional hardware is required, all functionality is provided through the app.
NOTE - Financials shown are run rate based on the most recent three month average. TTM financials are $869,400 revenue and $553,841 profit.
Highlights & Key Assets:
o Current MRR: $98,853, ARR: $1,186,232
o 4.5 Stars with 9.1K Ratings
o 50K+ installs/month last six months
o Organic vs. paid user acquisition split is 60% organic and 40% from Apple Search Ads, with an immediate ROAS of 1.4
o MAU = 83K, DAU = 4K
o All revenue is from subscriptions & IAP (no ads)
o Paid traffic holds substantial growth potential, as proven by competitor success, with some achieving over $300,000 monthly through these strategies
o 30 months of history (app was launched in May 2022)
o Coding: App - Pure Swift, Backend - Python & FastAPI
o Tech stack: Firebase, Adapty, AppsFlyer, Amplitude, ASATools
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
To scale further, the app requires additional funding for paid advertising, web funnels, and more. Seller wants to to concentrate on other organic-focused apps in their portfolio.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:
- View more New Hampshire businesses for sale
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