Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Top Theme Park App Network With Huge Growth Potential

LISTING DETAILS
Firms For Sale ID:
34301
Vendor reference:
484546
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$500,000  
Turnover / revenue:
$145,009
Net profit / cashflow:
$135,009

OTHER DETAILS
Reason for selling:
The seller has an opportunity to support his kids with their dream of touring with their band and is considering selling to help fund that and create some time freedom.
Support and training:
This is negotiable depending on your needs. The owner is committed to making it a success for a new owner and wants to see the brand do well for the user community ongoing. Owner spends 10-15 hours/week on the business.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
For sale is a top theme park app network that has been successful since it's launch in 2009. The main app quickly became the #1 crowd favorite (and highest rated) theme park App/community of all time. Since then they've expanded offerings, allowing the company to dominate the ultra-passionate theme park niche.

This app is the largest mobile theme community in the world for this world famous park. This app is the primary source of information for hundreds of thousands of people around the world (it goes far beyond a typical App). Some users use this app in lieu of Facebook and other social networks. The exclusive and special features gives people the “park experience” from anywhere in the world.

With the success of the first app, the company set out to create a network of apps for their rabid fans. They built a more robust version of the app that became the #1 paid App in the store for this park. They've also developed several different ways to monetize their audience, from click ads, to their own proprietary system, to Facebook-style native ads. The company provides data to large publicly traded companies, and has developed good revenue from virtual goods that they've created.


Highlights & Key Assets:
- Recurring/diversified revenue from active user base has been consistent for several years due to the constant growth and strong user retention.
- This year they began the process of monetizing six years of data to a large publicly held company (this area has great potential).
- Users are extremely loyal to this app/brand. Some have been involved since 2009, participating online and offline.
- Built based on feedback from thousands of fans over the years these apps have developed significant brand recognition and loyalty.
- Early move (2010) toward a mobile social community has generated a lot of loyal users, and has made the app a part of many lives around the world.
- The unique proprietary technology mimics the getaway from reality theme parks strive to create.
- Proof that there is a market for alternative social networks that are fueled by passionate niches.
- Been in the App Store for six years--the longevity speaks toward the strength of the business model and strategies.
- A lot of feedback by people approaching the seller telling him that they've used the app every day for several years, and how it's a part of their daily life.
- Successfully created a proprietary method of monetization which has improved revenue, loyalty, while at the same time unifying the App Network.
- First in this genre to create a points/incentive system that has been foundational to creating long-term users through rewarding them for their contributions.
SEE PROSPECTUS FOR MORE

Expansion Potential
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