Back to Listings Mobile Application Development Business

Asking Price : $625,000

Annual Gross Revenue : $285,020

Annual Net Profit : $182,608

Profit Multiple : x3.42

Inventory Value: N/A

R-Index : 113

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From the Broker

Founded in 2012, this business develops mobile applications for both iOS and Android operating systems, especially those which are highly complex and integrate with third party APIs and websites. The company specializes in FinTech, Social Media, Dating, Food Delivery, Service Delivery, Live Video Streaming, CRYPTO, Blockchain, and Ecommerce solutions.

The owner has established several highly skilled, extremely reliable and competitive proprietary vendor relationships which allow for all of the work to be outsourced with confidence. With Technical Managers in place to assist in closing sales and handle project management, the business is operated by 1 owner working only approx. 2-3 hrs/day from a home-based office overseeing projects and corresponding with clients.

Key Benefits Include:

    Extensive Portfolios of Work
  • Cutting Edge Technological Innovation
  • Highly Competitive Pricing and Very Strong Margins of 50-60%!
  • Proprietary Outsourced Services and Highly Skilled Technical Managers
  • Longevity and Experience in the Industry
  • History of Success with Proven Sales and Development SOPS
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Listed By

Sale Pending: No

First Seen: Thu, Jan 23rd 2020

Last Updated: Mon, Jan 27th 2020

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