Back to Listings Hidden Camera Detector App

Asking Price : $135,000

Annual Gross Revenue : $42,031

Annual Net Profit : $39,724

Profit Multiple : x3.40

Inventory Value: -

R-Index : 113

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From the Broker

Founded in December 2012, this unique mobile app is the first comprehensive hidden camera detector for mobile phones. The app helps users make sure there are no spy cameras invading their privacy. The creator of the app has years of experience in the counter surveillance and security industry and used that to develop the app.

This paid app is used by over 14,000 individuals, companies and professionals worldwide and growing.

Highlights & Key Assets:
o Over 14,100 paid users and growing ($4.99 each)
o These are iOS App Store results only, the Android version could be developed and released (strong potential to double revenues and growth by launching on Google Play). Owner has an email list of 500+ inquiries for an Android version.
o Complex technology, causing barriers to competitive entry (tech can be improved and features added ongoing)
o Unique and interesting market niche
o Room for growth as tech can be continually improved and features added
o Clean purchase, one app and app store account, all original IP, 100% owned
o Professional website, Facebook page and videos
o Almost NO MARKETING has been done leaving growth opportunity on the table

Growth Potential:
This is a unique product, there are strong sales of hardware spy camera detectors and this app provides a more convenient and better price point. Another growth factor is the massive flood of cheap spy cameras on the market and their increased use. Specific growth ideas include:

– Do more marketing & PR (could do well in today’s #metoo environment)
– Technology can be improved ongoing and features added
- Android version should be fully tested and released

Training & Support:
This is negotiable depending on your needs. The owner is committed to making it a success for a new owner. Owner currently spends less than 30 minutes/week on the app to answer emails and make new Facebook posts.

Reason selling:
The owner has two other businesses he needs to focus on. He is an idea guy and good at getting things to a certain level and feels this app deserves to have some professional guidance for growth. Rather than putting more time and effort into it himself he would prefer to sell the app to a better qualified new owner. Owner is open to offers including partial equity.

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Sale Pending: No

First Seen: Thu, Sep 3rd 2015

Last Updated: Wed, Oct 10th 2018


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