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SELLER GUIDE
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Another iOS App Business
SOLD
Sale Assisted By: Alex Cardenas Broker Onboarding Manager, Asia
Seller Location
South Korea
Buyer Location
Philippines
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iOS and Android App

Currency:

iOS App | Entertainment

Verified Listing
3.5
| 87 App Store reviews
An iOS/Android music player app (free/paid versions) supporting both local and network playback and having 163K active users
iOS Android Entertainment Sponsored Confidential
Business Location
App Age
15 years
Monthly Profit
USD $1,001 /mo
Avg. Downloads
37,000 /mo
Profit Margin
98%
Store Price
$1.99 USD
Profit Multiple
1.5x
Revenue Multiple
1.5x
iOS Entertainment
About the Business

An unnamed music player application, available on iOS and Android, offers diverse audio playback capabilities, supporting various file formats and cloud storage, alongside features like custom sound effects and speed/pitch controls. The app is available in two versions: a free version with in-app advertisements and a paid version. It employs Flutter and Swift for iOS, and Kotlin for Android development. A collaboration feature allows users to share sound effects via an AWS-based server powered by Node.js and Next.js. Post-transfer and update, maintenance requires a minimal time commitment of 0-4 hours weekly. The app has gained popularity primarily through word-of-mouth since its inception in 2011, with a global user base spanning across several countries, including Egypt, India, and the United States. This suggests potential for increased user engagement through marketing efforts. Financially, the app boasts a high-profit margin due to minimal expenses, with the majority of revenue stemming from in-app advertisements, exclusively using banner ads. Regarding operations, a non-transferable one-time license fee is required for the audio playback library. Additionally, obtaining Google Drive API keys may necessitate a security assessment, though it hasn't been required so far. AdMob unit IDs are non-transferable, necessitating the creation of new IDs during app transition, potentially increasing revenue during this period. The app sale encompasses transferring ownership of developer accounts, source codes, branding assets, and domain, along with server setup and app update instructions for the new owner.
iOS Entertainment
Vetted Listing

This quality listing has been vetted by the Flippa team or the broker to ensure accuracy of the information provided.

Our vetting team has reviewed this listing and verified:

  • Revenue
  • Primary Expenses
  • Traffic
Payment Methods
Escrow.com
FlippaPay
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0 Comments
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59 Watchers

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