A business is offering a lucrative portfolio of over 30 iOS and Android apps for sale, which they are listing on a popular marketplace platform. With more than five years of app development experience, the company asserts that all financial metrics and app statistics can be verified upon signing a Non-Disclosure Agreement. The apps are currently experiencing high daily download rates and consistent monthly revenues, and some have won challenges or procured licensing contracts. The portfolio boasts around 70,000 to 90,000 downloads per month, 400,000 active users, and a total of 1.4 million downloads, with the apps consistently maintaining a rating between 4 to 4.5 stars and ranking in the top 50 of their respective categories.
One particular app is highlighted for consistently being in the top 20s in its US category and within the top 300 of all applications on the Play Store. Once sold, all rights, graphics, source codes (written in JAVA and xCode), downloads, users, and ratings will be transferred to the buyer. Additional assets include three prominent domain names, a corporate domain, and social media accounts with a substantial follower base.
The company is seeking a selling price of 3-5 times the app portfolio's profits due to its high potential for increased profitability. They are transitioning to a different business and thus lack time to continue supporting the apps, although they will offer two weeks of transfer support to the buyer. Only verified inquiries will receive proof of revenue, and interested parties can contact the sellers to make an offer.
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