The described business is a prominent developer of iPhone applications, with a significant track record since the iPhone's inception. The company has sold 800,000 apps and achieved 1.4 million downloads, supported by a substantial mailing list of 28,000 individuals and a notable social media presence. Two of its apps have gained considerable attention, including one featured in a global TV advertisement and another that reached the top position on the App Store. The sale offering includes the brand and a free, ad-supported app with over 500,000 downloads, averaging 1,500 daily downloads and generating about $150 daily, with the potential for increased income through further development. This app functions effectively as a marketing tool, featuring custom ad units that have resulted in high engagement. A revenue-sharing agreement exists with the developer of this app, ensuring continued development support.
Additionally, there is an unreleased iPhone app, nearly completed, that the new owner would possess 60% of, expected to perform well on the App Store. The package for sale encompasses the brand's domain name, website, source code for several apps, social media accounts, and revenue shares from the apps. The owner is selling to focus on other ventures, though expressing regret and highlighting the potential for new ownership to revitalize the brand. The business has grossed approximately $400,000 overall, with monthly app revenue data provided, and notes that website traffic is minimal, measured at around 5,000 unique visits monthly.