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Creative Photo & Movie Editor Apps w/ $3mm+/Year Subscription Revenue

Lodi, NJ (Bergen County) (Relocatable)

Seller Financing Available
Creative Photo & Movie Editor Apps w/ $3mm+/Year Subscription Revenue
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Asking Price: $9,800,000

Cash Flow: N/A

Gross Revenue: $3,389,592

EBITDA: $3,240,740

FF&E: N/A

Inventory: N/A

Established: 2012

Creative Photo & Movie Editor Apps w/ $3mm+/Year Subscription Revenue

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Business Description

For sale is a set of four photo and video editor related apps that are currently doing over $250K/month ($3mm+/year) in subscription revenue and growing.

The company focuses on developing mobile apps in the photo/video and entertainment market. For the past 5 years they have honed and tailored their apps to fit customer's needs. Their mission is making editing content easier for amateurs and professionals alike.

Highlights:

-High quality apps with a growing and recurring revenue
-Almost no management required (business is setup to mainly be on autopilot)
-Super low expenses
-Subscription-based revenue which continues to grow
-Multiple apps that produce revenue
-Digital Photography and Editing is a huge market
-Editing Apps are in constant demand

Active Paid Subscriptions:
App #1 = 16,600
App #2 = 3,610
App #3 = 1,990
App #4 = 3,810
Total: 26,010

Monthly Installs (based on Sep 2018):
App #1 = 137,816
App #2 = 74,508
App #3 = 25,606
App #4 = 25,875
Total: 263,805

NOTE - Financials shown are run rate numbers based on the last 3 months. Jan-Sep 2018 financials are Revenue: $1,438,106 and Profit: $1,382,897

Detailed Information

Location:
Lodi, NJ
Facilities:
Home Based
Support & Training:
Full support and training will be provided.
Reason for Selling:
The business owners have other apps they are focusing on and want to scale up.
Home-Based:
This business is Home-Based
Business Website:
http://www.appbusinessbrokers.com/properties/401997/
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Contact the Seller

(from currently available funds)
 
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Eric Owens

Business Listed By:
Mark Pastor

APP Business Brokers

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