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RE:  English Learning App With Subscription Revenue Contact:  Eric Owens
Owner Financing is Available!

Quick Facts

Asking Price: $125,000
Annual Revenue: $64,330
Net Profit: $28
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: Not Disclosed
BBN Listing #: 916532664
Broker Reference #: 236969

Email or Print Listing

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Business Overview:

For sale is an iOS app that helps users learn English from 11 languages, and covers more than 50% of the world population. Launched in April 2020, the application contains a 40,000 word database with sentences, transcription and pronunciation. Supported languages include English, French, Hindi, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Traditional Chinese, and Turkish. The app is monetized with subscriptions.

Highlights & Key Assets:
o 3,533 ratings with avg. 4.7
o Past tests (Jan – Apr 2022) show 12 months LTV, meaning 100% return on investment; ROAS can be decreased/optimized with better marketing, paywall tests to 6-9 months
o Refund rate of 5%
o Minimal additional development and support required
o Revenue potential is minimum $500K/year (This app is similar to the apps with multi-million revenue: Ewa, Bright, Bussuu and Babbel)
o English learning audience shows low refund rate and high conversion to subscription (~30%)
o Large market where the users need the product and are happy to pay for it

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Reason for Selling:

Pursuing a 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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