Mobile App for Sale in Salem, India
|Legal Entity||Private Limited Company|
|Reported Sales||USD 2.7 thousand|
|Run Rate Sales||USD 3.2 thousand|
|EBITDA Margin||20 %|
|Local Time||7:29 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Our company offers a proprietary mobile application that conducts virtual walking challenges for walking enthusiasts.
- The application is available on both android and IOS platforms. It has had over 8,000 users since inception with over 2,000 current active users.
- We host virtual walking challenges where users can register by paying a fee that ranges between INR 100, 300 and 500. Every challenge requires the participant to walk a certain number of steps in a given time frame. The first 5 users who complete the required steps the earliest gets cash rewards.
- The range of steps varies from 50,000 to 500,000 and depends on the number of days the challenge is for. Ideally, we hold 3 days, weekly and monthly challenges.
- User's can download our free app and opt for a lifetime subscription fee which is INR 1,000. Every subscriber receives 20 percent discount on the fee of each challenge he or she participates in along with a small welcoming kit.
- Users can also not pay a subscription fee and participate in all challenges by paying the complete fee.
- We generate revenue by accepting subscription fee along with fee charged from each participant for every virtual walking competition.
- Every competition receives over 2,000 to 3,000 enrolments. We currently have over 4,000 subscribers.
- Every user is displayed with leader boards and display charts showing number of steps completed and time taken.
- This transaction includes the entire business entity, rights and ownership of the mobile application, source code, developer rights and the complete database.
Our company has its own proprietary mobile application for walking enthusiasts on both IOS and android platforms.
The company does not own any physical assets.
The business does not have any physical location to run operations.
Earlier than 15 daysDirector, IT, Mumbai, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysChief Executive Officer, E-commerce & Retail, Chennai, Corporate Investor / Buyer connected with the Business