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Entertainment Technical Services Company for Sale in Ahmedabad, India

For sale: Business that has developed an application with 2 million installs on Play Store.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Entertainment Technical Services + 1 more
Locations  Ahmedabad
Local Time 2:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 200 thousand (Native Currency: INR 15,000,000)
Reason: The promoter wants to focus on another business.
Includes physical assets worth USD 4 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Our business is an application for short videos and video status where the users download our application for free and generate content on the application.

- Till date we have had 2 million downloads on Play Store, a total of 25 million of our application's content shared over Whatsapp and with an average user time of 7.20 minutes per day on the application.

- The application has content of 7,20,000 videos and 4,00,000 images.

- The business has been focused to acquire customers till now and has not generated revenue as it is a free platform for the audience. The revenue will be generated through advertisements and the buyer who takes up the business can also take up the contracts we have with advertisement firms where we share 10% of the revenue with them.

- Currently, we have been advertising our application through Facebook as well.

- We have an in-house team of 13 highly trained tech for development with a team of 20 moderators to check every video, audio & visual before it goes to the public domain.

- Our application is available in 12 languages across India.

Products & Services Overview

Application for short videos and status videos.

Assets Overview

Office interiors and furniture. The business also owns the complete source/server codes, and play store application.

Facilities Overview

Rented facility of 900 sq. ft. with a monthly rent of INR 52,000 and a security deposit paid of 3 months' rent. The lease is transferable if the buyer is interested to take up the office space.

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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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