Back to Listings Creative Photo & Movie Editor Apps

Asking Price : $4,900,000

Annual Gross Revenue : $1,843,170

Annual Net Profit : $1,714,580

Profit Multiple : x2.86

Inventory Value: N/A

R-Index : 130

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From the Broker

Opportunity

The sellers are motivated to raise cash for their new project and they are willing to sell their one of their apps separately. The one app alone makes $60K-$63K/month net and they are looking for $1.7M for it. At that price that is a 2.36X multiple on a proven subscription revenue app. But they will let it go for $1.5M or possibly a little less for an all cash quick close offer.

Overview

For sale is a set of four photo and video editor related apps that are currently doing over $1.7 million/year in subscription revenue and growing.

The company focuses on developing mobile apps in the photo/video and entertainment market. For the past 5 years they have honed and tailored their apps to fit customer's needs. Their mission is making editing content easier for amateurs and professionals alike.

Highlights:

 

  • High quality apps with a growing and recurring revenue
  • Almost no management required (business is setup to mainly be on autopilot)
  • Super low expenses
  • Subscription-based revenue which continues to grow
  • Multiple apps that produce revenue
  • Digital Photography and Editing is a huge market
  • Editing Apps are in constant demand

 

Active Paid Subscriptions (as of Aug 2019):
App #1 = 25.5k
App #2 = 9.52k
App #3 = 3.35k
App #4 = 5.58k
Total: 43.95k


Monthly Installs (for month of Aug 2019):
App #1 = 45,221
App #2 = 73,641
App #3 = 30,488
App #4 = 11,327
Total: 160,677


Reason Selling:
The business owners have other apps they are focusing on and want to scale up.

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Listed By


Sale Pending: No

First Seen: Thu, Apr 4th 2019

Last Updated: Sat, Nov 23rd 2019


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