Mobile App Investment Opportunity in London, United Kingdom
|Employees||2 - 5|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 230 thousand|
|Run Rate Sales||USD 230 thousand|
|EBITDA Margin||20 %|
|Local Time||10:41 AM Europe / London|
|Listed By||Management Member|
- 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.
The main product of the business is the mobile application which provide services related to rental property.
The assets of the business are 7- laptops, 7- monitors and mobile phones.
There is no built-up area of the business as they work on 100% remote setup.
1 week, 1 day agoFounder, Vienna, M&A Advisor connected with the Business