The individual apps are being sold separately. The business owners have another app they are focusing on and want to scale up. While they are open to serious offers, they are not looking for partnerships. They are looking for a deal with a good percentage of cash to grow their other app. They will advise a new owner on these apps but are looking to exit.
For sale are four individual photo and video editor related apps that are currently doing over $1.4 M/year in subscription revenue combined.
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.
Given what the apps are generating per download, there is still plenty of room to grow the downloads and revenue. Lacking the knowledge in advertising, the owners grew the Apps 99% organically. Having not exploited advertising channels to expand the business, leaves huge potential for growth through efforts in this area or a new owner.
Sale Pending: No
First Seen: Thu, Apr 4th 2019
Last Updated: Wed, Feb 5th 2020