Total of 18659 firms and businesses for sale today Monday 13th May 2024
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Sold. Top Ranked Iphone Utility App With Over $1 Million In Sales

LISTING DETAILS
Firms For Sale ID:
29248
Vendor reference:
491515
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed  
Turnover / revenue:
$1,004,510
Net profit / cashflow:
$640,260
Number of employees:
1

OTHER DETAILS
Reason for selling:
Owner is focused on a new product and wants this app to go to someone that can make better use of it.
Financing available:
Partial financing available for right buyer and right offer.
Support and training:
Seller is committed to an effective transition. The exact amount of transition and training time is negotiable depending on your needs.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Simple is superior! Such is the case with this app. Featured in Forbes, having over 1 million PAID downloads, generating over $1,000,000 in sales and boasting a 5 star average rating with over 21,000 iOS customer ratings, this simple utility app is putting up impressive numbers by any standards.

With the release of the iPhone 5 and the holiday season just around the corner we expect to see a huge spike in sales and downloads giving this simple utility app even more success.

Expansion Potential
Use the momentum and press already created to dominate this utility niche and expand to the top app stores like Google Play, Windows, Amazon. Additional growth can come from these ways:

o Advertising revenue
o New device releases
o Cross promote other apps of your own
o Publish apps from other developers

Market / Competition / Non-Competition Agreements
Mobile apps is a huge market and rapidly growing. At the same time the mobile app space is going through some growing phases and Android is creeping up on Apple in the race to see which platform makes developers more money. Apple used to be the dominant king in monetization which led developers to focus their time and attention on developing for Apple. With this emerging shift in monetization the Android market is getting more and more appealing to developers and is quickly becoming a giant sea of opportunity for revenue generation. This app is currently only on iOS so there is potential to port it to Android and other marketplaces.