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SELLER GUIDE
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Service Business

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Service Business | Internet

Verified Listing
16 y/o New Zealand Mobile App Development Agency with a Full Team and Long Term Enterprise Clients and TTM Revenue $982,000
Service Internet Sponsored Confidential
Business Location
New Zealand
Site Age
16 years
Monthly Profit
USD $67,860 /mo
Profit Margin
81%
Profit Multiple
3.2x
Revenue Multiple
2.6x
Service Business
Internet
Managed by Flippa
About the Business

This enterprise app development agency provides comprehensive services in product strategy, design, development, and quality assurance/support. Catering to enterprise, business, and government sectors, the agency is recognized for its customization of mobile software solutions. With a trailing twelve-month revenue of $1.66 million NZD ($1 million USD) and a client lifetime value (LTV) ranging from $200,000 to $2 million, the company maintains long-term agreements with enterprise clients. The agency employs a lean operational model, utilizing a small core team supplemented by over 10 contractors to meet demand efficiently. The management process features a complimentary initial client meeting to outline potential solutions, transitioning to a structured, paid design workshop when necessary. This workshop helps finalize a product roadmap and interactive prototype, easing stakeholder engagement and budget planning. The agency’s capabilities encompass product management, design (including user experience research and testing), development (both iOS and Android apps), QA/support, and full-cycle project management using Agile methodologies. While the agency handles project-specific work, it retains enterprise clients for extended periods, often exceeding five years. Notable client sectors include infrastructure, national health, and financial institutions in New Zealand. Traditional customer acquisition channels include word of mouth, SEO, and web traffic. Typical project values range from $150,000 to $200,000, lasting three to six months, with opportunities for extended collaborations. Significant growth opportunities exist in expanding marketing efforts, enhancing expertise in mobile and cloud-native applications, and pursuing international market expansion, especially in Australia. The owners are selling the business to focus on a fintech project but remain open to consulting post-sale.
Service Business
Internet
Managed by Flippa
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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