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.
- 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
Monthly Installs (based on Sep 2018):
App #1 = 137,816
App #2 = 74,508
App #3 = 25,606
App #4 = 25,875
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
Sale Pending: No
First Seen: Thu, Nov 15th 2018
Last Updated: Wed, Nov 28th 2018