Back to Listings App - Top 100 US Grossing Telecommunication - $102K gross/mo

Asking Price : $2,709,000

Annual Gross Revenue : $1,238,000

Annual Net Profit : $708,000

Profit Multiple : x3.83

Inventory Value: -

R-Index : 103

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From the Broker

Main Benefits

  • Rapid revenue growth reaching a c.40% CAGR for the period 2014 to 2017
  • Consistently in top 100 US grossing Apps with tens of thousands 5-star reviews
  • Leadership position in a large and lucrative niche, with an authoritative brand and years of operational history
  • High repeat client rates of c.25% over the past year
  • Low owner involvement

Description

For sale is a proven and established App business in the telecommunication niche.

Launched in 2013, the business targets both B2B and B2C users, allowing them to alter their phone number when making outbound calls from a mobile phone. The App allows for a wide range of use-cases, from reaching business clients, to placing a private call or calling friends. 

Targeting the 1 billion active Android users, the business has built up a leadership position in the niche. Boasting thousands of glowing reviews, the App is consistently in the top 100 US grossing Apps over the past year. In turn, this has translated to steady revenue growth, reaching a c.40% CAGR for the period 2014 to 2017.

The current owner has built the business with scale in mind, outsourcing much of the day-to-day to a freelancer. This allows the owner to spend only a few hours per week handling the technical maintenance of the App, creating plenty of time for a new owner to focus on growth opportunities.

The business presents an ideal opportunity for a new owner to take over a proven and scalable business with thousands of glowing reviews, clear market demand, and a leadership position within the niche.

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Listed By


Sale Pending: No

First Seen: Fri, Jan 26th 2018

Last Updated: Tue, Jun 12th 2018


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