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Popular Racing 3D Game Application (26M Downloads on Google Play Store)
Popular Racing 3D Game Application (26M Downloads on Google Play Store)
Description
L#20210054
Available for acquisition is a popular racing game on the Google Play Store. This stunt racing game was first launched in December 2019 and scaled in October 2020.
Highlights & Key Assets:
o Google Play Store ranking
o Game has great 3D graphics, game play and high IAP
o Strong engagement and user retention (30%+)
o Stable session times
o DAU of 181K
o 26,000,000+ downloads
o Google advertising campaign and assets
o Game was ranked #3 in Games/Adventure category on Dec 22,2020:
o Growth potential through multiple methods (owners are implementing growth plans)
Support/Training:
Full training and support will be provided. Current team will work with a new owner if desired.
Reason For Selling:
The owners have taken this game as far as they can on their own. They are looking to either sell it outright so they can reinvest into their other games, or they are open to retaining partial equity and working with a new owner to grow the game.
NOTE – Financials shown are the trailing twelve months. Run rate based on the past 4 months is $902K revenue and $691K profit.
Basic Details
Target Price:
$2,000,000
Gross Revenue
$581,459
EBITDA
$436,673
Established
2019
Business ID:
L#20210054
Country
United States
Detail
Business ID:
L#20210054
Property Type:
Internet Businesses
Property Status:
For Sale
Target Price:
$2,000,000
Gross Revenue:
$581,459
EBITDA:
$436,673
Target Price / Revenue:
3.44x
Target Price / EBITDA:
4.58x
Established:
2019
Business Description:
The app generates revenue from advertising and IAP.
Available for acquisition is a popular racing game on the Google Play Store. This stunt racing game was first launched in December 2019 and scaled in October 2020.
Highlights & Key Assets:
o Google Play Store ranking
o Game has great 3D graphics, game play and high IAP
o Strong engagement and user retention (30%+)
o Stable session times
o DAU of 181K
o 26,000,000+ downloads
o Google advertising campaign and assets
o Game was ranked #3 in Games/Adventure category on Dec 22,2020:
o Growth potential through multiple methods (owners are implementing growth plans)
Support/Training:
Full training and support will be provided. Current team will work with a new owner if desired.
Reason For Selling:
The owners have taken this game as far as they can on their own. They are looking to either sell it outright so they can reinvest into their other games, or they are open to retaining partial equity and working with a new owner to grow the game.
NOTE – Financials shown are the trailing twelve months. Run rate based on the past 4 months is $902K revenue and $691K profit.
Description
Available for acquisition is a popular racing game on the Google Play Store. This stunt racing game was first launched in December 2019 and scaled in October 2020.
Highlights & Key Assets:
o Google Play Store ranking
o Game has great 3D graphics, game play and high IAP
o Strong engagement and user retention (30%+)
o Stable session times
o DAU of 181K
o 26,000,000+ downloads
o Google advertising campaign and assets
o Game was ranked #3 in Games/Adventure category on Dec 22,2020:
o Growth potential through multiple methods (owners are implementing growth plans)
Support/Training:
Full training and support will be provided. Current team will work with a new owner if desired.
Reason For Selling:
The owners have taken this game as far as they can on their own. They are looking to either sell it outright so they can reinvest into their other games, or they are open to retaining partial equity and working with a new owner to grow the game.
NOTE – Financials shown are the trailing twelve months. Run rate based on the past 4 months is $902K revenue and $691K profit.
Basic Details
Target Price:
$2,000,000
Gross Revenue
$581,459
EBITDA
$436,673
Established
2019
Business ID:
L#20210054
Country
United States
Detail
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