Mobile Apps - Market Leading Photography & Graphic Design - $7M Gross/Yr
- Yearly revenue
- Yearly net profit
- Asking price
- Diversified suite of iOS and Android Apps in the lucrative Graphic Design niche.
- Rapid revenue growth with earnings reaching a c.221.2% CAGR over the 2017 to 2019 period.
- Clear market fit with over 6.4M downloads and 28.3M sessions in the L3Y.
- Stellar product reviews with average App ratings of 4.5 stars across 28 different Apps
- Highly trained App-creation team consisting of six developers and two graphic designers capable of running the day-to-day App creation process.
For sale is a diversified suite of market-leading iOS Apps in the graphic design niche.
Launched in 2016, the business has grown in popularity by providing a diverse set of features and functionality for both B2C and B2B iOS users with 28 Apps covering a wide spectrum of essential tools and the Apps enjoy unparalleled success. Four of the Apps drive 84% of the revenues but all 28 are included in the sale.
As demand for smartphones continues to rise, spending on mobile Apps has reached an all-time high. With mobile App revenue standing at $461 billion in 2019 (predicted to nearly double by 2023 to reach $935 billion), the Business is optimally-placed to capitalize on these industry trends.
With a portfolio of market-leading Apps monetized via recurring subscriptions and in-App purchases, revenues have grown at a meteoric rate, rising at a c.221.2% CAGR over 2017 to 2019. The business now generates gross revenues of over $7.2M annually while maintaining high net margins of c.58% offering plenty of resources to invest in growth.
The portfolio presents a unique opportunity for a new owner to take over a diversified business in the highly profitable mobile App niche with dozens of successful mobile applications.
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All numbers are prepared on a SDE basis.