Live Video Chat App Business – $443,861 Profit

Not Disclosed, CA

Asking Price: Annual Revenue:
$1,500,000 $746,107

Technology: Software

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RE: Live Video Chat App Business – $443,861 Profit Broker: Ali Khader Ouattara
Owner Financing is Available!

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $746,107
Net Profit: $443,861
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 446249556
Broker Reference #: Not Disclosed

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Business Overview:

Live video chat App business available for an acquisition providing text messages and live voice calls, as well as live video calls to individuals around the world who have matched. It has over 1.2 MM downloads and has been operating since 2013. It is a live video and audio chat which also allows individuals to meet new people around the world.

The App allows its users can chat with random people or with members they have liked. The users can earn payouts as they use the App which creates an incentive to use the App and be active.

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Property Features and Assets:

High-quality design and user experience from the App interface High-quality voice, video chat and messaging performance High performance and works seamlessly on all devices Easy registration with Facebook, Twitter, Google Plus+, Mobile Number and e-mail address Ability to search a profile by gender, age or country Easy to find online talkers and start video or audio calls Messages when a recipient is offline still get “read” receipts when read Users get notified of missed video calls, audio calls or messages (REQUEST PROSPECTUS TO SEE THE FULL LIST OF HIGHLIGHTS AND KEY ASSETS)

Market Competition and Expansion:

Dating option: Adding a dating option to the App is the obvious next step. Worldwide virtual dating is the future: according to Paul Frantz, Industry Director, U.S. Sales at Google, referring to a study by Google in 2018 on people aged 18-24, research found that 51% of people aged between these ages say that it is important for them to have video and virtual dating, while for Generation Z, messaging someone on a dating App can be equivalent to a date. (Google and Qualtrics, 2018)[1] ”For a generation that has never used a landline and that’s had smartphones in hand as early as age 9, conversation, for the most part, is digital. An example from how Gen Z engages in dating: video calls or texts are key forms of communication.” Paul explains. He adds to this by saying that “sixty-four percent of 18- to 24-year-olds say that dating websites and apps allow them to be more diverse in who they date, and 65% say that dating websites and apps allow them to date someone outside of where they live.” (Google and Qualtrics, 2018)[1] The App is growing in North America, the UK and Europe. With advertising a new owner can take the business to the next level especially if users are presented with the option for dating. (REQUEST PROSPECTUS TO SEE THE FULL GROWTH POTENTIAL AND MARKET RESEARCH) [1] Google and Qualtrics, U.S., Future of Dating study, n=333 people ages 18–24, 2018

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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