Back to Listings $5.3K Per Month App Site in the Gaming Niche

Asking Price : $235,957

Annual Gross Revenue : $63,612

Annual Net Profit : $61,560

Profit Multiple : x3.83

Inventory Value: N/A

R-Index : 103

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From the Broker

This listing is for an application package of 17 Apple apps created in December 2016 in the gaming niche. The package includes 1 paid app and 16 free applications that cover a broad range of gaming categories. The business has had a steady growth in revenue over the last 3-years with significant growth and app downloads year-on-year and month-on-month. Thanks to a developer handling maintenance of the apps, minimal work is required from the Seller to maintain the business.

Together there have been about 950k total downloads across all 17 apps, with about 18k downloads of the paid app. The paid app monthly installation average from the last three months is 1800 users and the free apps monthly installation average from the last three months is 39k. Sales are mainly from the US, followed by Canda, UK, Australia, UAE, and Singapore respectively.

The Seller doesn't actively work on the business unless an app requires an update, which has historically been once or twice a year. Working on updates takes about 20 hours each session for the developer and the current developer is willing to continue on with the Buyer.

The apps are spread across 3 separate accounts (two of them under the Seller's brothers' names), all of which they operate. The Seller is willing to transfer all 3 accounts or just the applications depending on the Buyer's needs.

The business has not done any paid marketing, so all traffic comes organically. The Seller acquires customers through fresh app store optimizations, targeting new keywords, or cross-promotion between existing apps.

The primary app is in top paid charts in many countries. There is growth opportunity for the buyer to expand by running campaigns to get more sales and use current apps for cross-promotion of new applications. More information will be provided to active Buyers.

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Sale Pending: No

First Seen: Tue, Mar 10th 2020

Last Updated: Tue, Mar 10th 2020

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