The sale includes an iOS app along with its source code. To maintain the app's functionality, three key components are needed: an Apple Developer membership costing $99 annually, a Horoscope API subscription at $35 monthly, and a Facebook app page for social networking. The reason for selling the app stems from the desire to pursue new opportunities. Although the app generates a stable monthly income, limited budget as a start-up necessitates reallocating resources and focusing priorities elsewhere. The proceeds from the sale will aid in launching a new venture for the company. The app's revenue model primarily relies on in-app purchases through subscriptions and advertisements using Admob, with the majority of income deriving from subscriptions. Marketing efforts for the app initially involved running Facebook Ads during the first two months after its launch. This strategic approach helped in promoting the app and establishing its presence in the market, though ongoing marketing expenditures have remained constrained due to budgetary limitations. Overall, the decision to sell the app is part of a broader strategy to fund and focus on new business endeavors while leveraging the app's established income potential to attract potential buyers.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More