Back to Listings Photo/Video App - $1,000+ Daily Revenue & 22K DAU

Asking Price : $900,000

Annual Gross Revenue : $365,000

Annual Net Profit : $345,000

Profit Multiple : x2.61

Inventory Value: -

R-Index : 140

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From the Broker

For sale is a fast growing app in the photo and video category with 22,800 DAU. The app specifically targets the avid social media user, Instagram in particular. The app allows users to make use of automatically designed and animated typography and is aimed at those who want their Instagram Story content to €'stand out' above the rest.

This is a hands off, extremely popular, quickly growing app with a strong foothold in an untapped market. Story Marketing seems to be somewhat new and this app is the first to directly focus on that niche. The app is extremely simple to use and straightforward leading to the rapid growth. The output from the app is beautiful and elegant, while the UX is very streamlined. It allows users to look like they hired a professional graphic designer to edit all of their media posts.

Ongoing growth potential will come from anyone who uses Instagram / Snapchat stories to push either their personal or professional brand. Also recently the younger market has started to peak its head in, just using the app for laughs amongst their friends / meme culture. In general, people who use Instagram / Snapchat are likely to find this product useful if they wish to stand out. One big way to grow the revenue is to turn this into a subscription model.

NOTE - Financials shown are forecast based on current daily revenue of $1,000 to $1,300/day. All done with no marketing.

Highlights & Key Assets:
o Extremely high quality app with 9.9K ratings with 4.6 out of 5 for reviews on iOS
o Recent huge spikes on the App Store Charts during Holidays
o App has settled on the top charts, earning $1,000 to $1,300/day.
o Minimal Time commitment
o High RPI
o Strong usage amongst influencers (many users have IG followings of 10K or more)
o Instagram page included
o Trademark in process
o Recently featured by Apple, also hit #4 in Photo/Video and #22 for all Free apps

Training & Support:
This is negotiable depending on your needs. Seller is very available and would love to help the new owner to get them up to speed with where its at, introducing and being a liaison between their developers

Reason selling:
Owners are looking to focus their abilities on other industries. They've had a very successful run at the App Business and photo/video in particular. They are now looking to get more involved with Music apps at this point. They've sold most of their other popular titles and this is the last one they own that shows promise.

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Listed By

Sale Pending: No

First Seen: Fri, Feb 9th 2018

Last Updated: Mon, Mar 12th 2018

Rhodium Weekend 2015
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