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Creative Photo & Movie Editor Apps in New Jersey, Bergen

$1.5M$980.7K

Description

The individual apps are being sold separately or as a set of four. The business owners have another app they are focusing on and want to scale up. While they are open to serious offers, they are not looking for partnerships. They are looking for a deal with a good percentage of cash to grow their other app and will discount for cash heavy, quicker close scenarios. They will advise a new owner on these apps but are looking to exit.

Financial Summary :
TTM Gross Revenue: $1,098,140 USD
TTM Cash Flow: $980,654 USD

Total Asking Price :
$1,525,000 USD

Listing Prices :

  • Picture Photo Editing App – $550K
  • Video and Photo 3D Effects App – $350K
  • Video and Movie Maker App – $425K
  • 3D Movie Trailer App – $200K

For sale are four individual photo and video editor related apps that are currently doing over $900k/year in subscription revenue combined.

The company focuses on developing mobile apps in the photo/video and entertainment market. For the past 5 years they have honed and tailored their apps to fit customer’s needs. Their mission is making editing content easier for amateurs and professionals alike.

Highlights :

Key Benefits

  • High quality apps with a growing and recurring revenue
  • Almost no management required (business is setup to mainly be on autopilot)
  • Super low expenses
  • Subscription-based revenue
  • Multiple apps that produce revenue
  • Digital Photography and Editing is a huge market
  • Editing Apps are in constant demand

Given what the apps are generating per download, there is still plenty of room to grow the downloads and revenue. Lacking the knowledge in advertising, the owners grew the Apps 99% organically. Having not exploited advertising channels to expand the business, leaves huge potential for growth through efforts in this area or a new owner.

Detail

Updated on December 10, 2020 at 6:00 am

Property ID:L#2020759
Year Built:2013
Property Type:Internet Related
Property Status:For Sale
Asking Price: $1.5M
Gross Revenue:$1.1M
EBITDA:$980.7K
Inventory:N/A
Country:United States
State: United States
City: Bergen

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