This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.MergersCorp M&A International franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited a UK Company with registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
Available for acquisition is a mobile application that allows users to monitor key information about their vehicle. Comprehensive details include Engine Oil Life, Fuel & Battery Remaining Level, Fuel Tank & Battery Capacity, Fuel & Battery Consumption, Odometer, Tire Pressure with recommendations, and more.
Works with many popular automakers in the USA, including Acura/Honda, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Jaguar, Jeep, Land Rover, Lexus, Lincoln, MINI, Mercedes-Benz, RAM, Tesla, Toyota, Volkswagen, Volvo, and many more. No additional hardware is required, all functionality is provided through the app.
NOTE – Financials shown are run rate based on the most recent three month average. TTM financials are $869,400 revenue and $553,841 profit.
Keypoints
Current MRR: $98,853, ARR: $1,186,232
4.5 Stars with 9.1K Ratings
50K+ installs/month last six months
Organic vs. paid user acquisition split is 60% organic and 40% from Apple Search Ads, with an immediate ROAS of 1.4
MAU = 83K, DAU = 4K
All revenue is from subscriptions & IAP (no ads)
Paid traffic holds substantial growth potential, as proven by competitor success, with some achieving over $300,000 monthly through these strategies
30 months of history (app was launched in May 2022)
Coding: App – Pure Swift, Backend – Python & FastAPI
Owners are willing to offer transition and training support.
Reason for Selling:
To scale further, the app requires additional funding for paid advertising, web funnels, and more. Seller wants to to concentrate on other organic-focused apps in their portfolio.
Available for acquisition is a mobile application that allows users to monitor key information about their vehicle. Comprehensive details include Engine Oil Life, Fuel & Battery Remaining Level, Fuel Tank & Battery Capacity, Fuel & Battery Consumption, Odometer, Tire Pressure with recommendations, and more.
Works with many popular automakers in the USA, including Acura/Honda, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Jaguar, Jeep, Land Rover, Lexus, Lincoln, MINI, Mercedes-Benz, RAM, Tesla, Toyota, Volkswagen, Volvo, and many more. No additional hardware is required, all functionality is provided through the app.
NOTE – Financials shown are run rate based on the most recent three month average. TTM financials are $869,400 revenue and $553,841 profit.
Keypoints
Current MRR: $98,853, ARR: $1,186,232
4.5 Stars with 9.1K Ratings
50K+ installs/month last six months
Organic vs. paid user acquisition split is 60% organic and 40% from Apple Search Ads, with an immediate ROAS of 1.4
MAU = 83K, DAU = 4K
All revenue is from subscriptions & IAP (no ads)
Paid traffic holds substantial growth potential, as proven by competitor success, with some achieving over $300,000 monthly through these strategies
30 months of history (app was launched in May 2022)
Coding: App – Pure Swift, Backend – Python & FastAPI
Description
Available for acquisition is a mobile application that allows users to monitor key information about their vehicle. Comprehensive details include Engine Oil Life, Fuel & Battery Remaining Level, Fuel Tank & Battery Capacity, Fuel & Battery Consumption, Odometer, Tire Pressure with recommendations, and more.
Works with many popular automakers in the USA, including Acura/Honda, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Jaguar, Jeep, Land Rover, Lexus, Lincoln, MINI, Mercedes-Benz, RAM, Tesla, Toyota, Volkswagen, Volvo, and many more. No additional hardware is required, all functionality is provided through the app.
NOTE – Financials shown are run rate based on the most recent three month average. TTM financials are $869,400 revenue and $553,841 profit.
Keypoints
Basic Details
Target Price:
$1,900,000
Gross Revenue
$1,027,564
EBITDA
$603,159
Business ID:
L#20240782
Country
United Kingdom
Detail
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