Profitable Mobile App for Sale in Toronto, Canada
For Sale: Company making quality photo, video editing and utility apps for iOS.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 410 thousand |
| Run Rate Sales | USD 420 thousand |
| EBITDA Margin | 40 % |
| Industries | Mobile Apps |
| Locations | Toronto |
| Local Time | 3:38 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
2.5 million
(Native Currency: USD 2,500,000)
Reason: Owners have been in the app business for 8 years and want to move on to some other business.
Includes physical assets worth
USD
1 thousand
Interested to connect with advisors
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Business Name
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User Verification
Business Overview
- We are a group of professionals who develop apps for photo and video editing.
- Our apps have around 4 million downloads.
- We generate revenue based on a subscription model, usually the plans have a weekly term.
- Number 1 apps for many keywords in app store, especially in the United States.
- Company financials and taxes are updated, we have our own source code and technology.
- Valuation is a bit high because the company has more than USD 429 thousand yearly revenue and high gross profits.
- Our apps have around 4 million downloads.
- We generate revenue based on a subscription model, usually the plans have a weekly term.
- Number 1 apps for many keywords in app store, especially in the United States.
- Company financials and taxes are updated, we have our own source code and technology.
- Valuation is a bit high because the company has more than USD 429 thousand yearly revenue and high gross profits.
Products & Services Overview
Have a portrait photo editing app, video editing app where users can add music and photo editing app for general purposes.
Assets Overview
We own USD 300 thousand which is invested in the stock market, and proprietary technology / source code but no physical assets.
Facilities Overview
We are currently a remote team, we had a main office in Bangladesh, but after Covid-19, all team members are working from home.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysM&A Advisor, San Sebastián de los Reyes, M&A Advisor connected with the Business
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Earlier than 15 daysSr. Sales Advisor, New York City, Business Broker connected with the Business
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Earlier than 15 daysOwner, Software Development, Toronto, Individual Investor / Buyer connected with the Business
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