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SELLER GUIDE
12 Comments
1,593
Views
57 Watchers
Watch
Another Android App Business
SOLD
Sale Assisted By: Alex Cardenas Broker Onboarding Manager, Default
Seller Location
France
Buyer Location
Canada
Looking to sell a similar business? Or, Browse Similar Businesses
Want to see more like this? I’ve found similar off-market businesses. Let’s take a look.
IOS AND ANDROID APP
Currency:
Android App | Internet
4.2
| 235 Google Play reviews
invitly - Business Networking Community for Professionals
Android iOS Internet Sponsored
App Age
8 years
Monthly Profit
USD $197 /mo
App Installs
50K+
Profit Margin
64%
Store Price
Free
Profit Multiple
4.2x
Revenue Multiple
2.7x
About the Business

The sale includes a well-developed mobile application available on both iOS and Android platforms, with over 50,000 downloads and a user base exceeding 30,000. Accompanying the app are its comprehensive marketing assets, including a website, copy, images, and campaigns. The technical stack utilizes Google Cloud services such as Google App Engine, Cloud Endpoints, and Cloud Storage, alongside Firebase tools like Crashlytics and Analytics. The app is primarily built in Java for Android and Swift for iOS. The app operates largely autonomously, requiring minimal maintenance and mainly user comment management on app distribution platforms. The founders are selling due to a shift in focus towards full-time employment at other companies. Revenue is generated through recurring membership subscriptions via Google Play and the App Store. The only significant expense highlighted is the Google Cloud hosting fee, approximately $100-110 monthly, with potential for cost optimization. The app previously utilized paid marketing through social media platforms in early 2020 but has since grown through organic user acquisition. Temporary suspension of iOS membership sales in October saw a dip in revenues. The future owner could enhance user engagement through more proactive community management. The net earnings of the app are post-store commission, with an upcoming reduction in the App Store’s revenue share expected to improve profits for iOS subscriptions. The current owner offers a transition period to help the new buyer become acquainted with the app's systems and operations. Potential buyers are encouraged to inquire further for detailed discussions.
About the seller
Launched own startup after 10+ years at Google. invitly was the first product we've pro... Read more
Verification Complete
Email address
Phone number
Government ID

1 transaction totalling USD $10,000

Payment Methods
Escrow.com
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12 Comments
1,593
Views
57 Watchers

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