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- RE: Portfolio Of IOS Utility Apps
- Contact: Eric Owens
Quick Facts
Asking Price: | $1,290,000 | |
Annual Revenue: | $764,080 | |
Net Profit: | $378,454 | |
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 #: | 949779 | |
Broker Reference #: | 508329 |
Business Overview:
Available for acquisition is a portfolio of six iOS apps that provide mobile printing, faxing, scanning, call recording and VPN services. The main app offers mobile printing and is one of the oldest apps in the niche. It has more than 4 million installs worldwide lifetime. Around 70% of the current subscribers have been subscribed for more than a year (12 periods) and their bounce rate and churn is a much less than what it for new subscribers. This core base carries and will carry the bulk of the profit regardless of circumstances.
Category for this app is Business & Office tools. It is suitable for a few niches - printing apps, scanner apps, document managing and editing apps. It offers advanced printing options that can’t be used without an app. Niche is sustainable, with steady traffic and interest. Growth opportunities include more traffic from ASA, ASO and paid channels (that have barely been tested).
To increase traffic and income, the new owner will ideally have a dedicated team of specialists that will be focused on this business and ready for marketing activities - working with ASA, ASO, paid channels, testing and increasing conversion. The current team cannot devote much time to these processes.
Highlights & Key Assets:
o Subscription revenue
o Proven paid marketing
o Multiple things that can be optimized within the business
o Tech stack: Mostly Swift, partially Objective C. DB - Google Firebase, API - iCloud, Google Drive, Dropbox. Analytics - Appsflyer, Adapty, ASAtools.
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Reason for Selling:
The business is owned by three partners who have been involved with apps for ten years and ready to move onto something new. ThAdditional 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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