Available for acquisition is a social media app providing follower tracker and analyzing, detailed profile views, story analytics and more. It originally started as an Instagram downloader (video, post, story) in January 2019. Since then, the owners have added many features.
They have tested many monetization models, but found that auto-renewable subscriptions are most profitable. Currently more than 8,000 active subscribers.
This app has all systems proven out for tech and marketing. With only 2-3 hours a week required to keep it running, a new owner can run this as an investment or grow it. There are billions of Instagram users and more people will continue to need tools like this.
Highlights: o Recurring revenue (monthly & yearly) o Strong architecture o More than 25 servers to provide best & fast experience to customers o 1M+ downloads o 200K+ MAU o iOS and Android versions
NOTE - Financials shown are the Trailing 12 months. Run rate based on the past 6 months is $494K revenue and $316K profit.
Growth Potential: With one 1 billion monthly active users that access the Instagram app globally there is huge potential for this business. With a good marketing & growth strategy, a new owner could achieve 2x - 3x growth in a short period of time. The owners chose performance marketing as a strategy and are happy with that. They will share their marketing & growth experience with new owner.
Support/Training: The company is willing to offer a training period and will work with a new owner to ensure a smooth transition. This is flexible depending on your needs.
Reason For Selling: Owners are investing into social casino games and are exiting out of their utility apps.