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Pop Culture Apps Portfolios 1M+ Downloads

Location  Canada
Asking Price Range  < $250K
Gross Revenues  $85154
Net Profit / Cash Flow  $77716
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2012
Number of Employees  1 - 3
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller will provide support and training as needed depending on buyers needs.
Reason for Sale  Owner embarked on a two year challenge to financially retire his mom. He wants to help his mom with a down payment on a house and send her on a world trip with the profit from the sale.

Description  
For sale are two app portfolios from the same owner. First is a diverse multi-platform, multi-category, Pop Culture app portfolio with a year and a half of history. This company makes mobile applications under the reference, and utility categories on iOS, Android and Amazon platforms. The apps are tailor made for fans of pop culture; including, popular video games, movies, and more. Users select these apps to enrich their experience with their favorite games. For example, the Minecraft community app that allows users to share their favorite seeds for others to enjoy. Second is a portfolio with mobile applications under the Entertainment, and Lifestyle categories on iOS, Android and Amazon platforms. These apps are also for fans of video games, movies, and fads. Users select the apps to enrich their experience with their favorite topics. (SEE PROSPECTUS FOR FULL DETAILS) With over 1MM downloads across multiple platforms and categories this is a very diversified duo of portfolios. Highlights: o Business has been producing passive revenue and steady for a year now with months where the owners haven't done anything, with no drops in revenue. o Diversified across multiple platforms. o Key player in the Amazon app marketplace. o Hit the top 100 in the overall. o Good working relationship with Amazon. (Amazon frequently promotes the apps in their ad programs) o With the current app strategy, they only spend about 10 hours a month to maintain, and sometimes grow the portfolio. o It is a turn-key system that anyone can step into without much expertise. o Very high quality designs for the app icons and screenshots. o Work exclusively with one designer who is very cheap, and delivers very fast. o Niche is expanding, and they are dominating on the Amazon platform.


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