$1.1K 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
- $1,075
- Monthly expenses
- $166
- Monthly net profit
- $910
- Profit margin
- +85%
- Monetization
- Application
- Niche
- Technology
- Hours / week
- 1
- Days on market
- 0
Summary
This listing is for a product business selling a Shopify app that helps Shopify store owners with a common task they perform regularly. Most of the sales come from the Shopify App Store, but this business comes with a website that is being underutilized. The app has great reviews, so it is a great fit for a buyer with sales and marketing experience. The business in its current state is very passive, requiring an hour or less per week. The seller has NO app-coding experience, so this is not a requirement for running this business. All of the development for this app is outsourced and the current developer will continue working with the new owner. Opportunities for growing this business include focusing on marketing and sales, adding content to the website, and exploring additional features/services for the app itself.
Reason for sale
The seller is looking to pass the business on to someone better at sales and marketing.
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.