Back to Listings Premium Mobile Application Dev Suite with 600,000+ Post Community and 72% Organic Traffic

Asking Price : $1,000,000

Annual Gross Revenue : $267,980

Annual Net Profit : $236,095

Profit Multiple : x4.24

Inventory Value: N/A

R-Index : 96

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From the Broker

This software business launched in late 2010 offers premium mobile app development tools that empower users to create native Android apps and native iOS apps.

Customers predominantly use this software suite to create Android apps with iOS apps being the second most popular choice.

This business uses no paid advertising and instead has a loyal community of nearly 100,000 members that have created over 600,000 forum posts. Altogether, 72% of all traffic comes from organic search results helped in large part due to the user-generated content. The bulk of the remaining traffic comes from direct users and referral sources. Total traffic has remained consistent for years at roughly 10,000,000 page views per year.

With nearly ten years of history and thousands of customers that have relied upon these software tools to build their mobile applications for years, the business sees a renewal rate of roughly 33% after customers receive their first two years of free updates.

The owner has a strong tech background and has spent minimal time on marketing over the years, concentrating his efforts on his strengths and building the best possible technical foundation instead.

If you are looking for a software opportunity in the mobile application development space with a firm technical foundation and ample room for marketing growth, this business would be a great fit.

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Sale Pending: No

First Seen: Fri, Sep 27th 2019

Last Updated: Sat, May 2nd 2020

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