A popular smartwatch that gained significant attention through a crowdfunding platform has spurred the creation of a dedicated third-party app store, referred to here as the app store. The app store is a recognized platform that allows developers to monetize their apps by charging users, distinguishing itself from competitors that only offer free apps. The platform boasts substantial reach and engagement, with nearly 18,000 unique visitors and over 110,000 page views each month. It features a user-friendly interface compatible with mobile devices, integral for users accessing it through their smartwatches.
With around 8,960 registered users and 8,000 guest users, the app store provides ongoing lucrative opportunities, tracked through detailed analytics and a commission system favoring developers. The developer receives a 70% share of sales, facilitated through an automated payout system using a well-known payment platform.
Prospective buyers of the app store stand to gain its comprehensive assets, including its domain, content, brand presence on social media, and approximately 9,731 email subscribers. Financially, the site draws $300 in average monthly revenue from around 8,000 transactions. Despite its success, the platform's founders are selling due to their commitments to multiple projects. They offer a fully operational site ripe for growth by new management. Technical costs are minimal, with suggested hosting solutions estimated at $30 per month. The founders remain open to inquiries, inviting potential buyers to explore the opportunity further.
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 trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More