$0.5K Per Month App Site in the Technology Niche
Asking 2.1x annual profit. Comparable Mobile App businesses sell around 3x (1.9 to 4.2x, 218 comps). Priced 31% below the median.
- Monthly revenue
- $472
- Monthly expenses
- $155
- Monthly net profit
- $318
- Profit margin
- +67%
- Monetization
- Application
- Niche
- Technology
- Hours / week
- 0
- Days on market
- 30
Summary
A mobile application and corresponding site created in October 2009 in the finance niche. The application is used to create and calculate financial equations for a variety of different uses. In addition to the main application, two (inactive) bonus apps will be included as well. The business requires little to no time at all to maintain the current earnings. Keep in mind that this app is ideal for an editing iOS developer to add to their inventory since some programming knowledge is required.
Reason for sale
Seller wants to focus on other projects and thinks there is potential for a new buyer to improve the business.
Traffic, trend, size, and valuation figures here are estimates, not verified by the seller. Always do your own diligence before reaching out or making an offer.