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Mobile App Investment Opportunity in London, United Kingdom

Mobile application company with innovative platform focused on rental property journey with 150+ active clients.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 230 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 20 %
Industries Mobile Apps
Locations  London
Local Time 10:41 AM Europe / London
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 1 million for 50.0% stake (Native Currency: GBP 750,000)
Reason: We seek investment to realign the business and modify the platform so to reset the business model to... View More
Includes physical assets worth USD 5 thousand
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Business Overview

- We have developed a highly sophisticated technology platform and a strong brand in the rental market.

- Our mobile application has generated over 8,50,000 app downloads.

- Currently, we have 100 property managers and 50 built to rent operators.

- We earn through subscription fee from the clients who register onto the platform and commission fee which is charged after the transaction of rental payment between the property operator and the customer for renting the property.

- The mobile application is available on both the iOS App Store and Google Play Store.

- The application is designed to give seamless experience to rental property operators and managers.

- We have established operations in both London and Manchester.

- We have downscaled our employee base due to Covid-19 as we had to lay off the majority of employees.

Products & Services Overview

The main product of the business is the mobile application which provide services related to rental property.

Assets Overview

The assets of the business are 7- laptops, 7- monitors and mobile phones.

Facilities Overview

There is no built-up area of the business as they work on 100% remote setup.

Recent Activity
  • 1 week, 1 day ago
    Founder, Vienna, M&A Advisor connected with the Business
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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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