Back to Listings Creative Photo & Movie Editor Apps w/ $3mm+/Year Subscription Revenue

Asking Price : $9,800,000

Annual Gross Revenue : $3,174,280

Annual Net Profit : $3,030,620

Profit Multiple : x3.23

Inventory Value: -

R-Index : 118

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From the Broker

For sale is a set of four photo and video editor related apps that are currently doing over $250K/month ($3mm+/year) in subscription revenue and growing.

The company focuses on developing mobile apps in the photo / video and entertainment market. For the past 5 years they have honed and tailored their apps to fit customer's needs. Their mission is making editing content easier for amateurs and professions alike.

Highlights:


- High quality apps with a growing and recurring revenue

- Almost no management required (business is setup to mainly be on autopilot)

- Super low expenses

- Subscription-based revenue which continues to grow

- Multiple apps that produce revenue

- Digital Photography and Editing is a huge market

- Editing Apps are in constant demand

Active Paid Subscriptions:

App #1 = 16,600

App #2 = 3,610

App #3 = 1,990

App #4 = 3,810

Total: 26,010

Monthly Installs (based on Sep 2018):

App #1 = 137,816

App #2 = 74,508

App #3 = 25,606

App #4 = 25,875

Total: 263,805

Reason Selling:

The business owners have other apps they are focusing on and want to scale up.

NOTE - Financials shown are run rate numbers based on the last 3 months. Jan-Sep 2018 financials are Revenue: $1,438,106 and Profit: $1,382,897

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Listed By


Sale Pending: No

First Seen: Thu, Nov 15th 2018

Last Updated: Wed, Nov 28th 2018


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