The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

Possible selling price of a software business

Hello.

I am just wondering of which can be a selling price of a mobile software business. The business creates fitness related GPS tracking applications and already has around 1mil user installations worldwide in its applications.
There are plenty of ways the business can monetize with a correct business model. eg. Selling sporting products, selling advanced services to the clients, etc.

As an example of the business, some of the major competitors of it someone could say are:
1) Endomondo. Sold to Under Armour on Feb 2015 for $85mil. At that time it had 20mil user installations.
2) Runtastic. Sold to Adidas on July 2015 for around $250mil. At that time they had over 70mil users.
3) Sports Tracker joined Amer Sports on May 2015. They had around 25 million downloads on their apps.

Could someone please tell me if there could be a light in the dark tunnel? And which could be the price of such business currently?

Thank you very much.

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., "www.mywebsite.com"

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (2)
No User Photo

Are you a business man or a woman? Do you need money to start your own
business? Do you need loan to settle your debt or pay off your bills
or start a nice business? Do you need money for your project? We offer
secured loans of any amount and anywhere in the world (individuals,
businesses, real estate and legal persons) in our rate of 2%
excellent. For application responses and to send more information to
the following email address: (leemans1234@outlook.com)

Aug 8, 2016
No User Photo
The BAF Group LLC
MD

It has users, which is good. But what about Revenue or Profit?

May 1, 2016

Start a Discussion