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IOS Apps Portfolio In North Carolina For Sale

North Carolina
Asking Price:
$250,000 (USD)
Sales Revenue:
$92,000 (USD)
Cash Flow:
$92,000 (USD)

This iOS app portfolio has been responsible for over 12 million downloads worldwide. The lead app is the #1 apps browser in the App Store and has been ranked as one of iLounge's 100 Essential Apps.
The sale is for a total of five apps. All are social media related. Three are ad revenue based with two download revenue based. Three main apps fully updated and are seeing an uptick in revenue production. These apps are truly international having worldwide downloads with a stable user base.
Two of the apps are functional and being actively downloaded, but not currently monetized due to owners time constraints.
Excluding updates the time to manage the business is minimal - 30 minutes per week. App updates are currently done by the owner, but could be outsourced if desired.

The first app was published in 2010. Since that time approximately $500,000 has been invested in the development and enhancement of the apps. The current cost to acquire IOS users is estimated to be approximately $2.00. This adds ~$250,000 of value to the value of intellectual property/code for the largest app alone.

Property information

Location:

100% online. Can be run from anywhere.

Premises Details:

100% online. Can be run from anywhere

Business Operation

Expansion Potential:

Two of the apps are fully updated.

Competition / Market:

There are over one million apps available in the iTunes store. This portfolios established profitable track record with large user base differentiates it from pre-revenue app start-ups.

Reasons for selling:

Interested in focusing on practice of medicine.

Employees:
1
Years established:
2007

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller will participate in financing as required by lender/SBA

Contact Information

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