Business For Sale

Gaming & Entertainment App Business Assets

Pasadena, CA
Los Angeles County


Asking Price: Annual Revenue:
$250,000 Not Disclosed

Technology: Software


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RE: Gaming & Entertainment App Business Assets Broker: Mark Pastor
Owner Financing is Available!

Quick Facts

Asking Price: $250,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: Not Disclosed
BBN Listing #: 214032664
Broker Reference #: 434945

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Business Overview:

For sale are gaming and entertainment app assets from an award-winning, independent game development studio. Founded in 2002, the business consisted of a team of high caliber engineers, designers and artists until they ran out of funds and had to let everyone go. Having spent its first 10 years in the console and PC space they switched to mobile platforms in 2013.

Their first mobile title was launched on Halloween 2013 and was featured by Apple five times with over 6 million downloads on both iOS and Android worldwide. In October 2015, they launched the second mobile title, which was featured by Apple six times with over 250K organic downloads on iOS without any marketing support. The title hasn't been published on Android yet, so it'll be a brand new game on the platform when it's published. Both games were developed in the Unity Engine.

The sale of the business also comes with a proprietary, in-house technology game engine which was used to ship 11 SKU's across many platforms.


Highlights & Key Assets:

o Industry recognized name with solid credibility
o High quality apps, games, tech, and artwork with great production value
o Trademarks on game names
o Games with strong (cult) following
o Reskinnable games with minimal tech overhaul
o Many detailed design docs on new IPs and games that are ready for development
o Small recurring revenue, but could earn much more with proper support: Current average monthly revenue is $1-2K
o $2.1M in Net Operating Loss (tax benefit if new owner acquires the company entity)
o Lots of computer hardware, software, and some dev kits that can be included depending on the offer.
o Unfinished app that has Unicorn potential (could become very viral) and may remind you of Apple's newly released memoji, but much more robust in features. Spent $700K on building the app to-date, has 2-3 months left in development to go to market. Demo videos included in prospectus.
o First mobile game launched in Oct 2013; 5 Apple Features; 200K+ 5-star user ratings; ~6MM downloads; [The following numbers are from the beginning of 2017 - Retention: D1 45.65%, D7 28.39%, D30 17.18%]; Dev cost: $250,000.
o Second mobile game launched in Oct 2015; 6 Apple Features; ~240K organic downloads; $0 spent on UA; [The following numbers are from the beginning of 2017 - ARPPU: $45.26; ARPDAU: $0.12; Retention: D1 44.72%, D7 20.66%, D30 10.21%]; Dev cost: $2MM. Side note: We've had a handful of players who spent $3-4K each on IAP's.
o Proprietary game engine: $1MM spent on its development and shipped 11 SKUs across multiple platforms.
o One gesture controlled PC game: Funded ($500K) and distributed by Intel, the IP and tech are included with this sale and the game design is well suited for the mobile platform, which can be ported in 2-3 months.
o Second gesture controlled PC game: Funded ($500K) and distributed by Intel, the IP and tech are included with the sale and and the game design is well suited for a VR port.
o Award-winning, cult classic title on PC, Xbox 360, Xbox One: self-funded ($800,000) and published in 2006. Surprisingly the game is still being purchased and played on Xbox Live and Steam today.

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.

Market Competition and Expansion:

(SEE PROSPECTUS FOR FULL DETAILS)

Reason for Selling:

The owner is taking on a full time job.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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