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Mobile App Investment Opportunity in Pasig, Philippines

Mobile app for marathons and running events, currently having 800 registered users.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mobile Apps
Locations  Pasig
Local Time 7:49 PM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 53 thousand for 35.0% stake (Native Currency: PHP 3,000,000)
Reason: For marketing and further developing the app.
Includes physical assets worth USD 1.8 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- A mobile application based in Pasig, the Philippines.

- The mobile application is a running app that helps one track running routes and sign up for marathons and running events across the country.

- There are a lot of marathons and running events taking place in the Philippines. An average of 12 events take place every month.

- The app helps runners track the routes, keeps them updated about events taking place and allows them to sign up for events using the app.

- Have listed 3 events till date on our platform and have 800 registered users.

- We have not been generating revenue till now as we were offering the services for free. Now intend to charge running event organizers a fee to be listed, and also charge customers a fee to access the route tracking service on the app.

Products & Services Overview

Mobile app for running events, tracks running route, updates about events taking place and sign up for events using the app.

Facilities Overview

Operating from a home office set up.

Capitalization Overview
Not Disclosed
Recent Activity
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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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