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    iOS App LED Light Strip Controller

    Description

    L#20240780

    Available for acquisition is an app that provides controller capabilities for LED light strips. The app was launched in November 2022 and is iOS only.

    NOTE – Financials shown are run rate based on the most recent three month average. TTM financials are $531,295 revenue and $371,317 profit.

    Keypoints

    • MRR = $53,939
    • 4.6 Stars with 8.6K Ratings
    • 70K+ installs/month last three months
    • DAU = 1,966 (averages 1,500 – 2,000)
    • MAU = 33,500
    • All revenue is from subscriptions & IAP
    • 23 months of history

    Basic Details

    Target Price:

    $1,975,000

    Gross Revenue

    $661,416

    EBITDA

    $420,536

    Business ID:

    L#20240780

    Country

    United Arab Emirates

    State:

    United Arab Emirates

    Detail

    Business ID:L#20240780
    Property Type:Internet Businesses
    Property Status:For Sale
    Target Price: $1,975,000
    Gross Revenue:$661,416
    EBITDA:$420,536
    Target Price / Revenue:2.99x
    Target Price / EBITDA:4.7x
    Support & Training:The seller doesn’t spend much time on this app but can provide a training period and will work with a new owner to ensure a smooth transition. This is flexible depending on your needs.
    Reason for Selling:Seller owns multiple apps and periodically exits some to raise capital to invest in new projects. ABB has sold an app for them in the past and they currently also have three other apps for sale.
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      Available for acquisition is an app that provides controller capabilities for LED light strips. The app was launched in November 2022 and is iOS only.

      NOTE – Financials shown are run rate based on the most recent three month average. TTM financials are $531,295 revenue and $371,317 profit.

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