Mobile App
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $50000000
Net Profit / Cash Flow $25000000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2013
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Equity position
Reason for Sale Raise equity
Description A perfect app for the busy mobile user in today's now world. We have a fantastic app design for an iphone and Android mobile app and desktop interface. If you are familiar with the mobile app growth over the past couple of years you know the sky is the limit. Review Snapchat and their growth in 2012-13. They are in the top 5 spot with regards to downloads and popularity and have a valuation of some $800M in two years. They are located just down the street from us in Venice. They have been able to raise about $100M in VC funds to operate their app business. However, here is the issue. They have no revenue. They have users and data only. The value is in the sell at some point not the ability to generate revenue.
I have developed an app within a huge sector of the user base with immediate revenue generation potential. We strive to gain a large number of users with sellers providing huge revenue from month one.
I am looking for a minimum of $200K in seed or VC to start and will offer a superior equity position to the right individual or group. Our goal is to be in every city within two years and have a minimum valuation of $100M-$300M in 24 months.
Please make contact if you are interested in this type of start-up.
Click Here To Contact Seller
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