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Mobile App for Sale in Mangalore, India

App available on exclusively on Google Play Store, focused on reducing smartphone addiction.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Mangalore
Local Time 1:44 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 96 thousand (Native Currency: INR 8,000,000)
Reason: The promoter is a Marine Engineer by profession, and even though the app is good, more time and mone... View More
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Business Name
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Udyam Registration
Business Overview
1. The app is designed to address smartphone addiction, with a focus on reducing excessive phone usage among users.
2. Android app available on the Play Store, released 3 months ago, and is aimed at a global market.
3. The app offers both free and paid subscription options. Free users will be monetized through advertisements, with an estimated profit of about INR 20 per year per user, and 4 times more from users in the United States.
4. The app also offers a yearly subscription plan, priced at INR 199 in India and $12 in the United States, with estimated profits of about INR 120 per Indian user and $7 per US user.
5. The app was developed by a company that has 12 years of experience in software development, and all necessary agreements are in place to protect intellectual property rights.
6. The app can be transferred directly from the Play Store to the buyer's developer account in 2-4 days, with assistance provided for the transfer process.
7. The platform hosting charges on the Google Cloud Platform amount to INR 2,500 per month and would need to be borne by the buyer.
8. The right marketing strategy and investments are all the app needs to grow to its true potential.
Products & Services Overview
App available exclusively on the Google Play Store released 3 months ago. It is used by everyone to reduce smartphone addiction. Free users have to watch an ad to use the service while there is a yearly subscription for which no ads would be present. The users can break-free from smartphone addiction by using this app. Once installed on the smartphone, the user would have to click the 'lock' button to lock their devices for a set period of time, almost all features except calling would be unavailable to the user until the time has passed. A scheduling feature is available for the app to help users plan their lock time accordingly in advance.
Assets Overview
Documents and IP rights agreements and transfer of app.
Facilities Overview
No facility or space for the business exists.
Capitalization Overview
App has no loans, the business was completely funded by the proprietor himself, he owns 100 % of the app.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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2 Buyers viewed this Business this week. Register below to connect now!
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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