The owner of an educational technology software, designed to enhance phonics learning, is looking to sell the application due to complex business partnerships. Although this is the individual's first successful software venture after over two years of attempts, they have decided that selling it would be the best course of action for all involved parties. The application has shown promising growth potential, with numerous teachers contributing to its development. Marketing strategies have proven effective, with advertisements costing approximately $3 per educational lead and $20 for a 7-day free trial. Impressively, one-third of those trial users convert to paying subscribers, generating $20 monthly. The app currently boasts a Monthly Recurring Revenue (MRR) of $1,200, while subscription signup costs via advertising platforms like Facebook amount to $60. The software is reputed to offer the leading technology available within its specific niche. Additionally, an exceptional and cost-effective technical team from Sri Lanka has been instrumental in its development. Teachers utilizing the app express high satisfaction, contributing positively to its reputation. The owner is open to offers and invites interested parties to reach out for more detailed information. Despite not being a marketing professional, the owner assures potential buyers of the app's foundational strength and growth prospects. This opportunity is ideal for someone looking to invest in a well-regarded educational tool with a solid user base and potential for expansion.
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 verification and assessment service. We provide a deep analysis, identify hidden risks, and independently assess the value of the business. Packages start at $1,000. Learn More