$3.6K Per Month Application Site in the Retail & Wholesale Niche
Asking 1.8x annual profit. Comparable Mobile App businesses sell around 3x (1.9 to 4.2x, 218 comps). Priced 39% below the median.
- Monthly revenue
- $3,568
- Monthly expenses
- $400
- Monthly net profit
- $3,168
- Profit margin
- +89%
- Revenue trend
- -22%
- Monetization
- Application
- Niche
- Retail & Wholesale
- Hours / week
- 2
- Days on market
- 214
- Business location
- US
Summary
This listing is for an app business created in August 2020 in the retail & wholesale niche. The Shopify app assists businesses by syncing information between Shopify and a specific payment processor. This business has experienced stable earnings and requires minimal time to maintain. There are currently 640 active users. Over the past six months, the business saw an average of 494 users per month. The business generates traffic organically, though the Sellers worked with influencers for three months in 2021 to drive traffic. The Seller also states that one of their partners is a famous influencer who will continue to promote the app, even after the business is sold. The Seller spends an average of two hours per week primarily providing customer support. There is one in-house developer who resolves any bugs or technical issues once per year. This developer is willing to offer one year of support by email or WhatsApp text message, but will not be continuing to work for the new Buyer. Opportunities for growth include running Google Ads and YouTube ads to drive sales. *This business was built on an expired domain name.
Reason for sale
The Seller would like to explore 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.