Business Overview:
Don’t pass this up!! Android app business that currently brings in $35,000/month in net income is on the market. A total of 18 apps are published on the Android Market, Amazon App Store, Verizon Vcast App Store, and the AndroidLicenser storefront. Income also comes in through mobile display advertising and royalty payments for an ebook. Net income has grown consistently for 2 years, and is projected to grow by up to 5 times in the next 4 years due to the growth of the Android platform and higher adoption of smart phones. Income is entirely passive, except for about 30 minutes per day for email support. Customers primarily purchase apps on their Android phones through Google, Amazon, Verizon, who generally take a 30% cut and deposit the rest into a bank account on a monthly basis. There are no costs associated with running this business. There is much potential and opportunity for growth:- Using the existing source code, more apps can easily be created and published to various markets.- Currently, the apps are published only through Google, Amazon, and Verizon, but more income can be realized by publishing on more app markets such as Cisco, Nokia, Motorola, SlideMe, and Lenovo.- App prices can likely be increased by 15-25%.- Refund rates, which stand at about 20% can be reduced through better customer support and making the apps more user-friendly.- Better marketing and targeting advertising of the apps can be used to increase income.An ideal buyer is someone who is familiar with mobile technology and, if they are interested in growing the business, has a background in software, or is at least willing to hire a part-time software developer.The income stated on the ad is based on several months of revenue- therefore net cash flow is projected. The seller is currently working on another project. A full NDA will be required for any information about this opportunity. For more information please contact Michele McLain at 626-395-0717 or email mdmclain@sunbeltnetwork.com.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Starting a new project
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.