An entertainment app, available on both the App Store and Play Store for over two years, has established itself as a leader in its niche. It gained significant attention through a feature on a notable podcast. The app offers innovative live streaming features, enabling users to simulate live events with options to curate audience reactions and viewership simulations. The app is the creation of an independent developer who manages everything from development to content creation and advertising. It primarily earns revenue through subscriptions, with some additional income from advertising. Recently, the developer began testing in-app purchase options for increased viewership.
The app generated $750,000 in proceeds and $468,000 in EBIT over the last twelve months. In the same period, it reached a peak monthly active users (MAU) count of 129,000 and recorded a total of 1.7 million downloads. The conversion rate from downloads to paying users was 2.2% in the last observed month.
Looking forward, the app plans to introduce gamification for better user engagement, enhance AI audience interaction, improve ad monetization by expanding ad networks, develop features to deepen parasocial relationships, and add multiplayer live streaming functionalities. The app is available for sale, with an asking price of $1.6 million. The owner prefers a share deal but is open to an asset deal and is willing to remain involved in an advisory capacity if necessary. A data room containing detailed financials and metrics is available for potential buyers.
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 new official due diligence service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More