This listing offers a premium startup app that is currently active and operational. After a temporary dip in sales due to a 50% price reduction on its subscription model in early 2019, prices have returned to normal since August 2019, coinciding with a rebranding and UI/UX redesign. The app boasts 32,000 registered users and a 4.7-star rating on the App Store. It operates with minimal overhead, approximately $70-80 per month, and requires no marketing or advertising, relying solely on organic sales. The app processes an average of 1,200 transactions monthly, generating significant invoice values across the USA, Canada, Europe, and the UK.
The business has a lean operational setup with just a designer and software engineer and has been self-funded with no external investors. It also turned down a $750,000 acquisition offer in 2017. The sale includes the user base, Apple Developer Account, premium domain name, source codes for both the app and web app, backend systems, and three months of handover support.
The app generates revenue through monthly and yearly subscriptions and incurs expenses like web hosting and Sendgrid email storage. Despite limited marketing initiatives in the past year, the app has been featured by Stripe and Apple across various platforms. The potential for future growth lies in marketing and PR activities, as the product is considered complete and ready for expansion. The sale is prompted by the current owner's health concerns, preventing further product development.
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