$2.9K Per Month Application Site in the Business Niche
Asking 3.1x annual profit. Comparable Mobile App businesses sell around 3x (1.9 to 4.2x, 218 comps). Priced 3% above the median.
- Monthly revenue
- $2,858
- Monthly expenses
- $142
- Monthly net profit
- $2,716
- Profit margin
- +95%
- Revenue trend
- -2%
- Monetization
- Application
- Niche
- Business, Technology
- Hours / week
- 1
- Days on market
- 238
- Business location
- US
Summary
This listing is an application business created in January 2018 in the business and technology niches. The Shopify app, built on WordPress, syncs Shopify with a well-known payment processor. The well-established app has experienced stable net profits, year-on-year growth in revenue, and requires minimal time from the Seller to maintain. The business currently has 683 users, 60 of whom are active subscribers. The app generates roughly 30 new installs per month across 1 subscription tier. * An outsourced programmer or owner with knowledge of PHP would be required to maintain the app moving forward.
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.