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Crypto Company for Sale in London, United Kingdom

For Sale: Profitable crypto & fitness app centred around rewarding users for physical exercise.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 18 thousand
Run Rate Sales USD 18 thousand
EBITDA Margin 40 %
Industries Mobile Apps + 1 more
Locations  London
Local Time 3:54 AM Europe / Lisbon
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 100 thousand (Native Currency: USD 100,000)
Reason: The owner would like to dedicate their time to something different.
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- The business is the only crypto mobile app in the 'move to earn space' that does **not** mint new tokens and constantly increases the circulating supply to provide rewards for users.
- A dedicated share of one of the revenue streams is allocated to generating the daily fitness rewards.
- The business generates revenue through various revenue streams, with transaction taxes being the main driver of revenue.
- The owner monitors the operations from a distance, with no more than 30 minutes dedicated daily.
- There is a programmer and a graphic designer employed (on a freelance basis).
- The approach to advertising has mostly been organic. There was 1 advertising campaign in Spring 2 years ago which was highly successful. The campaign involved 268 printed posters throughout the New York City subway stations.
- There is considerable opportunity for the future owner to invest in marketing to grow the business.
Products & Services Overview
The business offers its user with app that lets them earn as they move.
The business generates revenue through various revenue streams, with transaction taxes being the main driver of revenue.
Assets Overview
The business does not own any tangible assets.
The intangible assets of the business that buyer would get are the assets, including trademarks, source codes for mobile apps, domain, and social media accounts.
Facilities Overview
We operate remotely and have no facilities as this is a digital business. The owner of the business frequently travels and they can be reached via WhatsApp on their number.
Capitalization Overview
- The business does not have any co-owners.
- ⁠No outstanding loans as of now.
- The business funded the initial marketing with a loan, but that was already paid back 2 years ago.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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