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Launched in 2011 are three established UK-based app companies and brands focused on developing and publishing mobile apps worldwide. The total number of mobile apps and games across their portfolios exceeds 170 mobile applications.
The portfolios of Apps have grown and accumulated more than 16 million downloads with stable revenues during the last several years. As with many industries, COVID-19 has impacted their revenue, namely their ad-revenue, owing to advertising networks not paying out as much due to lack of investment from advertisers. Irrespective of this, the owner states that revenue tends to increase during holidays, which could equalize all.
Highlights & Key Assets: No paid marketing required to generate revenue Revenue generated almost passively Established brands Little maintenance needed (only minimal work required for maintenance)
Growth Potential: Implement an ASO/keyword optimization strategy Implement an ASO/keyword optimization strategy in multiple languages
Marketing: The companies do not require paid marketing to generate revenue. Occasionally, the owner markets by spending no more than £100 on average per month on Apple Search Ads and Google Ads.
Reason For Selling & Support/Training When the owner first started this company, he ran it alongside his day-to-day job. However, he is no longer able to keep both businesses running as he desires without sacrificing effort on one or the other.
The decision to sell these companies has not been a quick decision, and his continued success in this industry has been due to his sheer passion for working with apps and games in the mobile industry.
Full support and training will be provided. This is negotiable depending on your needs. The owner is committed to making it a success for a new owner.
Los Angeles, CA Overview
This app solves the problem individuals experience when trying to expand their network of friends. Sellers produced an app that allows users to connect easily, as friends, based on user criteria. The app has quickly gained popularity and is now #2 in its niche, the #1 app in this space is currently valued at over 1B. The current cash flow is positive and asking price is reflective of the industry average of $50/user (200k existing users).
Ideal New Owner
1. Entrepreneur looking for a great opportunity with a proven concept to take it to the next level 2. Company looking to absorb and grow the app, community, or data
Growth and Expansion Opportunities
Owners feel there is an ability to reach over $100,000/ month in revenue in next 12 months based on low hanging fruit strategies:
1. Price increase from $6/ month to $18.00/ month based on competitors 2. Ads within could double revenue 3. Android version could reach 3x users 4. Better SEO could dramatically increase downloads 5. Adding new languages could reach 3x users
Shopify is a commerce platform that allows anyone to easily sell online, at a retail location, and anywhere in between. Powering over 600,000 retailers in over 100 different countries, Shopify offers a professional online storefront, a payment solution that accepts credit cards, and the Shopify POS application to power retail sales.
– 12k+ Shopify stores are actively using our apps. – 100 million monthly hits on our servers (Our clients receive 100 million page views monthly) – The apps are being used by clients in more than 100 countries. – Apps featured on Shopify App Store multiple times – 2300+ Five-star reviews on the apps – 50k+ email and re targeting audience of Shopify store owners. – FireAMP app recommended by Google and Shopify on their blogs – More than 10 million $ processed by mCheckout