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Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $280,000 | |
Net Profit: | $225,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | Not Disclosed | |
BBN Listing #: | 360032664 | |
Broker Reference #: | 508983 |
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Business Overview:
Available for acquisition is a mobile app designed to help users record phone calls worldwide. The app has over two years of history and is monetized with a subscription model.
The iOS version has generated a total of over 4 million downloads and $2,560,000 in net revenue. Average lifetime for iOS users is 2.7 months.
The Android version has generated over 3.9 million downloads and $425,000 in net revenue. Average lifetime for Android users is 5.9 billings on the weekly plan.
Highlights:
o Subscription revenue
o Monthly Downloads: 185,000
o MAU: 269,000
o DAU: 11,146
o Search requests for 'call recorder', 'call recording app', 'phone recorder', etc., have high popularity on the AppStore because iPhone doesn't have a call record option. Same for Google because since Android 8.5 version there is not a call record option. This leads users to find apps for recording.
o iOS and Android versions are both proven with active userbases.
o These apps have lots of trust from the AppStore and Google Play. With that the apps get strong organic installs (month by month) and continue to produce revenue even without paid user acquisition.
o More paid UA will help increase revenue and profit.
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:
Pursuing a different venture.
Additional Details:
Relevant Links:
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