In February, a mobile application shifted to a subscription-based model, resulting in an initial dip in revenue due to the discontinuation of standard in-app purchases (IAP). Despite this, the app has seen consistent growth in monthly downloads, which is documented in a provided screenshot. Projections estimate sales of $52,109 over the next 12 months at the current subscription growth rate. Various elements are included in the sale of the app: it will be transferred to the buyer’s iOS developer account, along with source code, design assets, and contact information for both the original and another developer used for updates. Additionally, Firebase database and Fabric analytics accounts will also be transferred. The app requires no ongoing maintenance, with the sole server component being a straightforward Firebase database to which ownership access will be granted.
The owners are selling the app to raise capital for marketing and promoting a newly launched application. Revenue is generated through an auto-renewable subscription model instituted in February 2018 at $1.99/month, and recently, a "Lifetime Pass" IAP for $5 was introduced. The app currently boasts 1,040 active paid subscribers, with a notable increase in net active subscriptions each month. There are no expenses tied to the app's operation, and minimal marketing was initially done through Apple Search Ads. Future improvements for the app could include integrating new features like 3D object measuring and auto-detect objects to expand its functionality.
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