For sale is a set of two quickly growing iOS slideshow movie maker apps in the video market with recurring subscription based revenue. The apps being sold allow users to create slideshows with SuperSlide using their photos & videos from Facebook, Instagram and Camera Roll and add on top of that their own music. There is one main app and second one that is a copy that is used for testing.
Monetization model is Free with Auto-renewing subscriptions (7 day free trial or 3 month subscriptions). Advertising revenue is through Admob (approximately 25% of total revenue currently but is forecasted to decrease to 10% of total revenue over time as subscription based revenue continually increases).
Marketing is from organic app store traffic. The sellers aim at ranking as high as possible for the most important keywords on the app store.
Downloads/users, averaging 8,000-9,000 downloads a day over the last 6 months. User stats are 3.5mm total downloads, 342K MAU and 14K DAU.
Active recurring subscribers are at approximately 8,500.
Comes with email lists of over 300,000 registered users.
IMPORTANT – the buyer will need to take over the two existing developer accounts and update the company information as apps with auto-renewing subscriptions are not transferrable.
NOTE – Revenue numbers shown are forecast based on current revenue trend and subscriber growth rate. Trailing 12 Months financials are available in the prospectus once an NDA is signed.
Highlights & Key Assets:
• Subscriptions and solid ASO are the primary key to this business.
• Growing number of paying subscribers. Growth of revenue will continue (unless downloads go down).
• Even if downloads were to decrease the revenue will not go down as much as a standard app with IAPs as revenue is based on paying subscribers. Similar apps such as Magisto have had steady revenue for years because of subscriptions that were implemented a few years ago. Owner expects these video/movie maker apps to have a similar revenue growth and consistency over time.
Training & Support:
Full support and training will be provided. This is negotiable depending on your needs. The owner is committed to making it a success for a new owner.
Seller has subscription apps in other markets and will share knowledge ongoing with the buyer on what is working for subscription apps in those other markets. Seller will also coach new owner on ASO.
Owner is a young entrepreneur that is constantly launching new apps and have decided to let go of these apps, as they are their highest grossing, so they can focus purely on the new apps. (Other apps are in the financial market)
Sale Pending: No
First Seen: Fri, Jun 9th 2017
Last Updated: Fri, Jun 9th 2017