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Mobile App for Sale in Vilnius, Lithuania

For Sale: AI-powered plant identifier app, empowering plant lovers with cutting-edge tools for plant care.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.5 million
Run Rate Sales USD 1.5 million
EBITDA Margin 40 %
Industries Mobile Apps
Locations  Vilnius
Local Time 8:16 AM US / Mountain
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.3 million (Native Currency: USD 2,300,000)
Reason: The decision to sell stems from the owner's desire to channel focus on other entrepreneurial venture... View More
Interested to connect with advisors
Documents
Deck
Retention Rate
P&L
Business Overview
Overview: The app stands as a testament to the fusion of nature and technology. Established in March two years ago, this mobile application has been meticulously designed for plant enthusiasts, professional gardeners, botanists, and even casual plant owners looking to understand their green companions better.
Diverse customer base: The user community spans the globe. While the USA and Europe are the primary markets, accounting for 80% of the user base, they have a significant presence in regions like Latin America, Asia Pacific, and Africa as well.
Technical Infrastructure:
- Backend: Robust and scalable, built on PHP.
Frontend: Web interface developed on next. js, ensuring SEO optimization and user-friendly navigation.
- Mobile Platform: Swift powers the iOS application, ensuring seamless performance and a premium user experience.
Financial overview:
Revenue snapshot: In the trailing twelve months, the app generated a revenue of $1,499,913 with a net profit of $712,099.
Monetization strategy: Subscription-based model offers weekly, monthly, and yearly plans, catering to varied user needs.
Market position & growth potential:
The digital gardening space is witnessing exponential growth. With industry giants like Picture, this is making waves, and this app is poised for success.
The roadmap includes:
- SEO-driven content strategy to boost organic traffic.
- Integration with a garden store for upselling opportunities.
- Curating and selling premium educational content.
- Launching a lucrative affiliate program to drive sales.
Team dynamics:
The team is the company's strength. Comprising professionals from diverse domains like SEO, Backend development, iOS development, UI/UX design, and content creation, the team ensures that the app remains at the forefront of innovation. Post-acquisition, the team offers flexibility in terms of transition.
Products & Services Overview
Core features:
AI-powered plant identification: With just a photo, the app's advanced AI system can identify a vast array of plants, providing users with detailed information about their finds.
Comprehensive health checks: The health check feature offers insights into the well-being of plants, suggesting care routines and highlighting potential issues.
Intuitive watering calculator: Based on specific plant needs and environmental factors, our calculator provides precise watering schedules.
Rich content library: From the basics of plant care to advanced botanical knowledge, the content is curated by experts and is a treasure trove of information.
Light metering & personalized care Tasks: The app ensures every plant gets its unique care, from sunlight requirements to feeding schedules.
Assets Overview
The buyer gets the intangible assets like:
- Domains.
- Website files.
- Email address.
- Social media accounts.
- Email subscriber list.
- Brand assets (logos, etc)
- Source code.
Facilities Overview
Non applicable. This is a mobile app.
Capitalization Overview
- The business is currently bootstrapped.
- It has not raised any funds.
- Please see the profit and loss statement for more details.
Recent Activity
  • Earlier than 15 days
    CSO, IT, Munich, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    Founding Partner, New York City, Investment Bank connected with the Business
  • Earlier than 15 days
    Sr. Sales Advisor, New York City, Business Broker connected with the Business
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.
This transaction has concluded. View similar business opportunities on SMERGERS
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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