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Mobile App for Sale in Kiev, Ukraine

Mandarin/Chinese learning mobile application with 30,000 organic downloads, worldwide user base and subscription plans.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 7.6 thousand
Run Rate Sales USD 13 thousand
EBITDA Margin 10 %
Industries Mobile Apps
Locations  Kiev
Local Time 6:32 PM Europe / Vienna
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 110 thousand (Native Currency: EUR 100,000)
Reason: Switching to another field of work and lack of time for product marketing.
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Business Overview

- Mandarin/Chinese learning mobile app with 30,000 downloads from Appstore.

- All the downloads till date are completely organic.

- Have a worldwide user base.

- Revenue is from subscription plans: weekly, monthly and yearly.

- Only iOS application, not Android.

- Features include speech recognition system, different language games, illustrated vocabulary, cartoons and a unique plot line provides an unforgettable experience of language learning.

- Can be translated into unlimited number of languages and modified to teach not only Chinese but 6 other foreign languages.

- Learning process includes pronunciation practice, vocabulary, games, comics, cartoons.

- The business has 3 permanent employees, 2 owners and 1 management employee. Additionally, freelance developers are hired as required.

Products & Services Overview

Mandarin/Chinese learning mobile application.

Has subscription plans: weekly, monthly and yearly.

Assets Overview

No physical assets as the team is working remotely.

Intangible assets include the mobile application.

Facilities Overview

No facility as the team is working remotely.

Capitalization Overview

The business is funded by the owners.

No outstanding loans or debts.

There are 2 owners, holding ownership and 70% and 30%.

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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