App - B2B Mobile Payment Integration - $31K gross/mo
- Yearly revenue
- Yearly net profit
- Asking price
- $1,000,000 SOLD
- Continuous revenue growth reaching a CAGR of 100% for the period 2016 to (e)2018
- Multiple first mover advantages with hundreds of five-star reviews in the lucrative mobile point of sale niche
- Wide market acceptance with c.8,400 monthly active users and c.72,000 lifetime downloads
- Low owner involvement with strong margins and plenty of growth opportunities
For sale is a growing B2B App with a mission critical offering in the mobile payment integration niche.
Launched in 2016, the business has gone from strength-to-strength by providing a simple and effective mobile point of sale (mPOS) application for retailers in eight languages across 120 countries.
As an early entrant in the mPOS space, the App enjoys many first mover advantages, including a recognized and trusted brand, and hundreds of five-star reviews on the iOS App Store. With mobile POS transaction values predicted to grow at a c.36% CAGR to reach over $1.3 trillion in value by 2022, the business is poised to capitalize on this growth to continue its strong upward trajectory.
The App has enjoyed widespread adoption, with the owner focusing on App Store Optimization to build brand exposure. With an average revenue of $2.28 per transaction and c.16,000 transactions in April 2018 alone, the business is ready to be taken to new heights using the many available growth opportunities available to a new owner.
This is a unique acquisition opportunity for an investor looking to take over a B2B App business on the rise. With a mission critical offering, market-leading product, and a firm foothold in the rapidly growing mPOS niche, a new owner will be immediately set up for success
* Revenue and profit figures are annualized on a last six-month basis.
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All numbers are prepared on a SDE basis.