Subscription Sales/One-Time Sales – Mobile App Development Market – $433.7K Gross/Mo

For sale is an established SaaS business in the mobile App development market niche with a stellar c.4.7/5 star customer rating.

The business was launched in 2013 and provides a low-code/no-code mobile App development platform for iOS & Android that enables its users with no coding skills or experience to build custom mobile applications. The business offers a user-friendly drag-and-drop interface with pre-built templates and plugins to help its users build mobile Apps quickly and efficiently. The platform differentiates itself by offering a developer SDK (Software Development Kit) that enables the development of custom plugins and functionality. The business also provides custom App development services, where they build and manage the App based on the needs of the customer. Its hybrid approach is ideal for users with a variety of skill sets, as it combines the simplicity of a straightforward drag-and-drop builder with the versatility of custom development.

The business has grown well since its inception, now generating over c.$5.2 million in revenues over the LTM. The majority of the revenues are generated via recurring subscriptions (c.76%), followed by one-time sales (c.24%). The business boasts a rising LTV of c.$8,285 driven by a low MRR churn of c.4% over the LTM.

This is a unique opportunity for a new owner to acquire a well-established business with glowing customer reviews and a well-trained operational team transferring with the sale.