Profitable IOS Apps Portfolio

Raleigh, NC
Wake County

Asking Price: Annual Revenue:
$250,000 $92,000

Technology: Software

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RE: Profitable IOS Apps Portfolio Broker: Jeff Snell, M&AMI, CBI, ABI
Owner Financing is Available!
Seller will participate in financing as required by lender/SBA.

Quick Facts

Asking Price: $250,000
Annual Revenue: $92,000
Net Profit: Not Disclosed
Cash Flow: $92,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 1
BBN Listing #: 76916351
Broker Reference #: APPS1

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Business Overview:

This iOS app portfolio has been responsible for over 12 million downloads worldwide. The lead app is the #1 apps browser in the App Store and has been ranked as one of iLounge's 100 Essential Apps.
The sale is for a total of five apps. All are social media related. Three are ad revenue based with two download revenue based. Three main apps fully updated and are seeing an uptick in revenue production. These apps are truly international having worldwide downloads with a stable user base.
Two of the apps are functional and being actively downloaded, but not currently monetized due to owners time constraints.
Excluding updates the time to manage the business is minimal - 30 minutes per week. App updates are currently done by the owner, but could be outsourced if desired.

The first app was published in 2010. Since that time approximately $500,000 has been invested in the development and enhancement of the apps. The current cost to acquire IOS users is estimated to be approximately $2.00. This adds ~$250,000 of value to the value of intellectual property/code for the largest app alone.

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Property Features and Assets:

100% online. Can be run from anywhere.

Market Competition and Expansion:

There are over one million apps available in the iTunes store. This portfolios established profitable track record with large user base differentiates it from pre-revenue app start-ups. Two of the apps are fully updated.

Reason for Selling:

Interested in focusing on practice of medicine.

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.

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