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$0.4K Per Month App Site in the Technology Niche

Mobile AppSoldTechnologyvia Empire Flippers
A one-page read: the numbers, the trend, valuation, and how to approach the owner.
Asking price
$9,413
Monthly net
$362
Multiple
2.2x
Estimated valuation vs comps

Asking 2.2x annual profit. Comparable Mobile App businesses sell around 3x (1.9 to 4.2x, 218 comps). Priced 28% below the median.

Key facts
Monthly revenue
$397
Monthly expenses
$35
Monthly net profit
$362
Profit margin
+91%
Monetization
Application
Niche
Technology
Hours / week
1
Days on market
36

Summary

A product application in the software niche that was created in February 2014. The application syncs up with smart thermostats to control the temperature and other settings. The application is based on the freemium model. Therefore, users are allowed a 15 day free trial and then to use the features have to pay for the full version.

Reason for sale

Seller is looking to focus their efforts on a different digital product and does not have the time to grow this product further.

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.