- Yearly revenue
- Yearly net profit
- Asking price
- $2,500,000 SOLD
- 211% compound annual growth rate over the period 2014-2016
- Incredibly vast customer base with over 11K paying customers and 538K free users
- Diversified revenues spread across Apple Store, website sales, and Google Play Store
- Low owner involvement
- Authoritative position with glowing reviews in a rapidly growing niche
For sale is a portfolio of two productivity and organization Apps sold across multiple platforms.
The B2C family App, launched in 2013, and the B2B workplace organization App, launched in 2014, have quickly grown to become authoritative brands in the productivity App space. The B2C product offers families a central location to track, schedule, and organize tasks through calendars and notes, amongst other functionalities. It has frequently ranked in the top 50 of all productivity applications in the U.S. iOS store. The B2B productivity App provides similar features, focused on SMBs.
The Apps are monetized via recurring subscriptions across multiple platforms, including the Apple App Store, branded websites, and Google Play Store. The two Apps have quickly found product market fit as demonstrated by the paying customer list of over 11,000 users (c.538,000 free users) and glowing reviews on the Apple App Store and Google Play Store. This has resulted in an impressive revenue CAGR of over 211% over the period of 2014 to 2016.
This unique portfolio of Apps presents a great opportunity for a buyer to enter the rapidly growing B2C and B2B App markets through the acquisition of a high-quality and popular product.
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All numbers are prepared on a SDE basis.