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Apple Watch Faces & Portfolio of iOS Utility Apps

Apple Watch Faces & Portfolio of iOS Utility Apps
Listing ID
L#20240778
Target Price
$2,200,000
Revenue
$507,465
EBITDA
$466,845

Description

Available for acquisition is a portfolio that offers a diverse portfolio of 14 successful iOS apps across various categories including Apple watch faces and a resumer maker. It generates an impressive 140,000 downloads per month, resulting in steady revenue of $42,000 monthly. With a proven track record of user engagement and profitability, this app portfolio presents a lucrative investment opportunity in the thriving mobile app market. All traffic and revenue are 100% organic.

NOTE – Financials shown are the TTM. Run rate based on the most recent three months average is $537,860 revenue and $496,220 profit.

Keypoints

  • 4700 active subscribers with strong retention
  • 100% Organic downloads
  • High quality apps/product/UI
  • Main apps have ratings of 4.6 with 2.9K ratings, 4.6 with 1.8K ratings and 4.4 with 4.9K Ratings
  • Active userbase
  • Minimal time commitment

Basic Details

Listing ID
L#20240778
Country
United Arab Emirates
Industry
Internet Businesses
Deal Status
Available
Reason for Selling
Owner has built, bought and sold apps over the years (including one exit for $6M at a 5X multiple). They are selling these apps as part of their strategy to diversify into other investments. They are willing to sign a non-compete.
Target Price
$2,200,000
Revenue
$507,465
EBITDA
$466,845
Revenue Multiple
4.34x
EBITDA Multiple
4.71x

M&A Middle Market Advisory Deal Tombstones 2024

AdvisorDeals
MergersCorp M&A International21
Keith Advisory17
GCG9
JP Morgan41
Jefferies23
Lazard26
Goldman Sachs30

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