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SELLER GUIDE
1 Comments
268
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5 Watchers
Watch
Another iOS App Business
SOLD
Sale Assisted By: Alex Cardenas Broker Onboarding Manager, Europe
Seller Location
Italy
Buyer Location
United Kingdom
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iOS App

Currency:

iOS App | Business

4.8
| 39 App Store reviews
Main country US, ORGANIC 1.4K+ downloads & 41K+ impressions monthly. STILL GROWING. NO ads or marketing campaigns were run to promote the app.
Business Location
App Age
3 years
Monthly Profit
USD $736 /mo
Avg. Downloads
1,400 /mo
Profit Margin
99%
Store Price
Free
Profit Multiple
3.1x
Revenue Multiple
3.0x
About the Business

The app discussed is an AI-powered document assistant that allows users to interact with and extract information from uploaded files seamlessly. The app boasts key functionality where users can ask questions, request summaries, or extract specific document details with ease due to its intuitive AI-driven interface. This functionality makes it exceptionally useful for students and professionals, helping to save time on tasks and enhance study or work efficiency. The app has achieved significant traction, generating 167,000 impressions and 7,900 downloads, with a weekly average conversion rate of 7.77%. However, development has stalled as the owners lack the time to optimize or market the app further, a major reason for considering a divestment of the project. To enhance growth, the app requires more A/B testing on screens and keywords to improve organic reach. A subscription-based model is in place, and users encounter an interactive onboarding process along with a paywall at app launch. Those trying to use the chat feature without subscribing are prompted by a paywall, with subscriptions manageable via Firebase dashboard. The app is built using Swift/SwiftUI. Interested parties can contact the current owners for detailed revenue and download data, with the opportunity to be added to AppStore Connect for further insights. The owners emphasize the app's revenue potential given the right optimization and marketing efforts.
About the seller
Cristian Daniel Babin
Bakery Scent Srl
Italy
Running a small app studio based in Italay.
Verification Complete
Email address
Phone number
Government ID

4 transactions totalling USD $50,000

Payment Methods
Escrow.com
FlippaPay
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1 Comments
268
Views
5 Watchers

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