The franchising program is offered by MergersUK Limited, a UK Company with its registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
MergersCorp M&A International provides strategic business advisory services, including preparing companies for growth and capital access. Through partnerships with licensed investment bankers, clients can access tailored capital-raising solutions.
U.S. Investment Banking Securities transactions are exclusively conducted by Spektrum Capital Advisors LLC, a Registered Representative of, and Securities Products offered through, BA Securities, LLC, a FINRA-registered broker-dealer. Check the background of investment professionals associated with this site on Broker Check.
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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