Back to Listings $25.4K Per Month App in the Social & Networking Niche

Asking Price : $729,150

Annual Gross Revenue : $304,860

Annual Net Profit : $291,660

Profit Multiple : x2.50

Inventory Value: N/A

R-Index : 145

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From the Broker

This listing is for an app created in June 2017 in the social & networking niche. The free-to-download iOS app allows users a way to easily coordinate with friends. The business earns revenue from users subscribing to the app for the full version. With an outsourced development agency in place to work on the app, there is minimal work required from the Seller.

The app is ranked highly for multiple popular keywords on the iOS App Store and has over 3k reviews with an average rating of 4.4 out of 5 stars.  As mentioned, there is a development agency working on the app as needed. Updates are usually done two to three times per month and the team is looking to continue working with the Buyer.

The business has not done any paid marketing, so all traffic comes organically. Included in the sale is a branded website with information about the app. The site links to the app’s listing on the App Store where visitors can download it.  Also included are custom-built Apple Watch, iMessage and iPad versions of the app.

* We’ve decided to use a 11-month average of net profit for the valuation because we felt that a 12-month average did not accurately represent the current state of the business.

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Listed By


Sale Pending: No

First Seen: Mon, Dec 3rd 2018

Last Updated: Tue, Oct 15th 2019


Rhodium Weekend 2015
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