$7.0K Per Month Application Site in the News & Education Niche
Asking 3.5x annual profit. Comparable Mobile App businesses sell around 3x (1.9 to 4.2x, 218 comps). Priced 17% above the median.
- Monthly revenue
- $7,015
- Monthly expenses
- $58
- Monthly net profit
- $6,956
- Profit margin
- +99%
- Revenue trend
- +6%
- Users trend
- +109%
- Monetization
- Application
- Niche
- News & Education
- Hours / week
- 1
- Days on market
- 57
- Business location
- US
Summary
This listing is for an application business created in August 2018 in the news and education niche. The business features 136 apps and one bundle of three apps across the iOS and Google Play platforms for education preparation. Revenue has been diversified over multiple apps and minimal work is required from the Seller to maintain the business. The apps include a freemium level where users have to pay to access the full features. Each app is created by hiring a researcher from Upwork. This comes with a one-time $500 expense but after that, the apps require minimal ongoing costs. The Seller is partnered with a programmer who developed the apps. There could be potential to move to a subscription business model should the Buyer wish. The Seller spends less than one hour of work a week on the business. Tasks include responding to three to five emails a month. A domain is included in the sale and links to all of the available apps. Some of the apps have low reviews (3.5 stars) but earnings have remained consistent. Working to improve these reviews could be an area of growth for a Buyer. **Learn more about this listing by scrolling down to the FAQ section**
Reason for sale
The Seller would like to move on to other opportunities
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.