An iOS app in the educational and utility sector offers instant math problem-solving capabilities through AI, targeting students, parents, and learners in need of quick assistance with homework and math comprehension. Established in 2024, the app employs a freemium model supplemented by subscriptions and ads for monetization. Key competitors include notable AI-powered study tools, yet it distinguishes itself with a compelling brand and intuitive user experience. The business generates revenue through monthly or annual subscriptions via the Apple App Store, with premium features offering unlimited problem-solving and enhanced AI capabilities. Operating on platforms such as Google Cloud and AWS, the app maintains a highly automated structure, requiring minimal maintenance time of about an hour monthly for tasks like email support. There are no employees, inventory, or complex processes needed.
The app has achieved approximately 66,000 installs, with a stable user base of 3,500 monthly active users and 150 daily active users. Financially, the business reports a monthly revenue of $600 after Apple fees, with consistent annual proceeds. Marketing costs are minimal, while net profits of $400 are realized each month. Growth opportunities lie in enhancing App Store visibility, expanding the feature set, launching an Android version, and employing SEO for web acquisition. The customer demographic is predominantly students and parents from the US, Canada, and Europe, with repeat subscriptions being common. The business is for sale due to personal reasons, offering 30 days of post-sale support, including app transfer guidance and operational training, to ensure a smooth transition for the buyer.