This document presents a comprehensive overview of a portfolio of 11 iPhone/iPad apps in the Beep Testing niche, primarily used by law enforcement, military organizations, sports coaches, and trainers to assess aerobic endurance. Although the portfolio contains several apps, most revenue is generated from a primary app. Updates are infrequent and outsourced, making the portfolio mostly passive with minimal customer support required. Revenue is mainly derived from paid app sales, with one free app to promote other offerings and a small contribution from an e-book. The business, initiated in 2009, is being sold to fund unrelated projects. It welcomes offers upon fulfilling certain disclosure agreements. The apps rank well in the app stores, particularly focusing on health and fitness. A limited online presence exists through social media and a starting mailing list. Operational costs are low, mainly covering outsourced coding and web hosting. Weekly maintenance requires minimal owner time, primarily for customer support and liaising with developers. Competitive advantages include feature-rich apps compared to free or less robust competitors. The seller is open to signing a non-compete agreement and providing transitional support. Growth opportunities exist by expanding the promotional scope of the supporting websites. The sale includes web domains related to the portfolio, and buyer geographical location is flexible, provided they possess an Apple Developer account. Financial transparency and revenue verification are available post-offer, emphasizing the portfolio's financial health and operational ease.
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1. Agreements & Contracts.
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2. Conduct Due Diligence.
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