The text discusses the sale of an app portfolio managed by a senior product manager with over ten years of experience. Located in Frisco, TX, this individual oversees a robust, cloud-connected application named MagicalPad, which serves as a digital notebook, mind-mapping tool, outliner, visual notes platform, and visual task manager on a single app. The app is uniquely structured to combine creative freedom with structured organization, and it supports various platforms, with more developments underway. It offers five main features, including visual notes, advanced mind-mapping, a powerful outlining tool, visual task management, and a task-focused view. Tasks can be tracked, prioritized, and organized all within the app.
The seller wishes to sell the app due to career and personal changes and assures potential buyers that the design or source code will not be resold. The app, which runs on native Apple technology with outsourced development in Ukraine, has generated $445,000 in sales and $298,000 in net income over five years, with opportunities for expansion into B2B and academic markets. Marketing has been minimal, with all income stemming from direct app sales.
The sale includes the entire apps portfolio, domain names, social media accounts, source code, and graphics. There are plans for future features such as cloud sync and collaboration capabilities. Competitors include Microsoft OneNote and Trello, with MagicalPad setting itself apart through its freeform canvas and advanced features. The reserve price is above $35,000, and post-sale support of 30 days is offered, along with training and developer contacts for continuity.