Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Time to Sell or Time to Buy !

Sold. Android App Portfolio - $50k/mon & 25mm Downloads

LISTING DETAILS
Firms For Sale ID:
34199
Vendor reference:
499120
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$900,000  
Turnover / revenue:
$454,001
Net profit / cashflow:
$439,511

OTHER DETAILS
Reason for selling:
Seller is not in a hurry to sell. They are selling this portfolio to raise capital for a new business idea. They are already investing most of the cashflow from this portfolio into that new idea but would like to accelerate growth with a larger capital injection.
Support and training:
This is negotiable depending on your needs. The owner is committed to making it a success for a new owner.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
Yes
PROPERTY DETAILS
 
Image Not Found
 
 
 
Image Not Found
BUSINESS DESCRIPTION
For sale is a 2 year old, stable portfolio of Android apps that has 25 million downloads and is currently averaging $50K/month in revenue. The portfolio contains lots of useful tools, games, kids apps, and entertainment apps.

Highlights & Key Assets:
o Showing stable revenue for 1+ years
o Has good in-app promotion system (whenever owner releases a new app, it directly lists into the top new free apps in 5-6 countries)
o Every app released is a hit in terms of revenue
o Under monetized, lots of potential to monetize it further
o All apps are useful
o No short term apps
o Clean code for each app
o Apps are maintenance free
o Variety of apps and variety of niches
o All apps are in demand (95% of the apps are not seasonal).
o This business is good for existing companies looking to leverage the user base or new ones starting app business.
o This is also a good business for people who are looking for long term income without spending much time because the buyer can see very good success immediately. And based on the buyer's goals, the owner can suggest the best solution for long term income.
o It is very hard make a portfolio like this for any one who starts developing now as it is much harder to break into the play store.

Expansion Potential
If the new owner does not spend much time on this it can easily produce $30K/month. If the new owner spends a little time and does the same exact strategy as the current owner is doing now, it can grow exponentially.

Specific growth areas include:
o Apps are under monetized. Owner never cared about ad placement tweaking. He gets only 0.30 RPMs and knows that could be much better. But he has stuck with Admob monetization only for simplicity.
o Though the apps are well coded, graphics of these apps are basic and could be improved.
o With just minimum knowledge buyer can reskin these apps and release unlimited apps.