The sale includes a mobile application with 850 subscribed users, and features such as servers, source code, and an advertising platform. To maintain the app's operation, ongoing payments of $15 per month for server fees and $99 per year for an Apple account are required. The current owner is selling the app due to a career change to mechanical engineering. Revenue is generated through in-app subscriptions and advertisements. The app consistently earns income with the renewal of existing subscriptions and the acquisition of new subscribers. Operational expenses include the monthly server costs and the yearly Apple account fee. Marketing efforts have been minimal since the app was initially promoted by Apple, resulting in high download rates, and subsequently, downloads have continued to grow organically without additional promotional efforts. Opportunities for future improvements include evolving the app into a comprehensive social networking platform.
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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