Back to Listings Growing IOS & Android Gaming Apps Company

Asking Price : $1,690,000

Annual Gross Revenue : $550,000

Annual Net Profit : $521,000

Profit Multiple : x3.24

Inventory Value: -

R-Index : 117

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From the Broker

This IOS and Android gaming company has established itself as a well-respected player in the puzzle game space over the past two years.

Founded in August 2012, this company creates IOS and Android puzzle games and has ranked extremely high on the Apple App store for a number of hit games. Since its inception it has grown steadily and in the trailing 12 months it has generated over $550,000 (CDN) in total revenue.

In addition, the company’s operation costs are extremely low. Over the past year total expenses were less than $29,000 and consist of hosting, advertising and administrative expenses. This next year is on track to be one of further growth. Since its beginnings, this company has been a one-man operation with a primary focus on developing games . Any new owner can choose to take on the development side of the business or hire a developer on a part-time or full-time basis.

Acquiring this business would not mean having to relocate, as it can be operated virtually anywhere. A new owner could continue to grow this business by taking on such initiatives as increasing the company’s marketing budget and converting more of its games to Android to get a better share of that market.

This is an ideal opportunity for investors looking for a well-established gaming company, or anyone wishing to add a complimentary business to their portfolio.

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Sale Pending: No

First Seen: Mon, Sep 8th 2014

Last Updated: Tue, Apr 3rd 2018

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