Car Monitoring & Control App with $115K+ MRR

Chau Thanh Kien Giang, Viet Nam


Asking Price: Annual Revenue:
$2,100,000 $947,349

Technology: Software


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RE: Car Monitoring & Control App with $115K+ MRR Broker: Eric Owens
Owner Financing is Available!

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $947,349
Net Profit: $676,539
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2021
Employees: Not Disclosed
BBN Listing #: 63632664
Broker Reference #: 266969

Email or Print Listing

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Business Overview:

Available for acquisition is a mobile application that allows users to control and monitor their car information. It works in a wide range of cars such as BMW, Audi, Hyundai, Tesla, and others. The app has 12 months of history and is monetized through subscriptions.

Highlights & Key Assets:
o Revenue growth: Achieved month-on-month growth since inception. Reported average profit of $79,000 in the last quarter; more than double the average profit of the first six months.
o Subscription revenue with MRR of $115,000 and ARR of $1.5mm.
o Organic positioning on the App Store: appears on top in the App store searches for the category or car brand names; ~80% of the traffic to the app on the Apps store is organic; no fear of new competitors.
o Download growth and geography: Average monthly downloads of 188,000; ~35% coming from the U.S.
o Stable codebase with multiple tests.
o Maintenance cost is minimal.
o Growth potential through more paid UA channels and planned new features.

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 different 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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