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Profitable Mobile App for Sale in Toronto, Canada

For Sale: Company making quality photo, video editing and utility apps for iOS.

Established 1-5 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 4:40 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
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
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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.

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.

Recent Activity
  • Earlier than 15 days
    Director, London, 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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