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.
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.
Active Paid Subscriptions (as of Aug 2019):
App #1 = 25.5k
App #2 = 9.52k
App #3 = 3.35k
App #4 = 5.58k
Monthly Installs (for month of Aug 2019):
App #1 = 45,221
App #2 = 73,641
App #3 = 30,488
App #4 = 11,327
The business owners have other apps they are focusing on and want to scale up.
Sale Pending: No
First Seen: Thu, Apr 4th 2019
Last Updated: Sat, Nov 23rd 2019